| Jan 20, 2023 / The Right News Right When It Happens | Top Story | | Existing-Home Sales Fell 1.5% in December, Hitting Decade Low | Washington, D.C., January 20, 2023--Existing-home sales retreated for the 11th consecutive month in December, according to the National Association of Realtors (NAR). | |
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| Today's Flooring News | | Jobless Claims Fall for Third Week in a Row | Washington, D.C., January 20, 2023--In the week ending January 14, 2023, the advance figure for seasonally adjusted initial claims for unemployment insurance was 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000, according to the Department of Labor. | |
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| | Total Housing Starts Slid in December, but Single-Family Grew | Washington, D.C., January 20, 2023--Privately owned housing starts in December were at a seasonally adjusted annual rate of 1,382,000, which is 1.4% below the revised November estimate of 1,401,000 and 21.8% below the December 2021 rate of 1,768,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. | |
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| | Georgia Ports Increasing Capacity Following Record Volume in 2022 | Savannah, GA, January 20, 2023--The Georgia Ports Authority (GPA) in 2022 handled 5.9 million 20-foot equivalent units--more containers than ever before and a 5% increase over 2021--as gluts of imports caused widespread port backups, reports FreightWaves, a news source covering the logistics industry. | |
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| Live Ventures Equity Firm Acquires Flooring Liquidators | Las Vegas, NV, January 20, 2023--Live Ventures Inc., a diversified holding company, has acquired the outstanding equity interests of Flooring Liquidators Inc., a leading retailer and installer of floors, carpets and countertops in California and Nevada. | |
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| Polysport Expands Partnership with Conica Sports Flooring | Nashville, TN, January 20, 2023--Polysport, a national installation company for sport surfacing solutions, has entered into an exclusive agreement with Conica, a Switzerland-based producer of sports and recreational flooring. | |
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Featured Video | | Michael Johnson Discusses Shaw's Digital Tools for Retailers | January 20, 2023—Michael Johnson, VP of digital strategy for Shaw Industries, and Kemp Harr discuss the suite of digital solutions that Shaw off | |
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