| | | Jul 16, 2024 / The Right News Right When It Happens | | Top Story | | | | Homebuilder Confidence Declined 1 Point to 42 in July | | Washington, DC, July 16, 2024—Builder confidence in the market for newly built single-family homes was 42 in July, down one point from June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). | | |
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| | Today's Flooring News | | | | June Retail Sales Flat from May but Up 2.3% YOY | | Washington, DC, July 16, 2024—Advance estimates of U.S. retail and food services sales for June 2024 were $704.3 billion, virtually unchanged from the previous month but up 2.3% above June 2023, according to the U.S. Census Bureau. | | |
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| | | | Import Prices Flat in June, Export Prices Down 0.5% | | Washington, DC, July 16, 2024—U.S. import prices were unchanged in June, after declining 0.2% in May, the U.S. Bureau of Labor Statistics reported. | | |
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| | | | Truist Releases Expectations for Q2 2024 Earnings | | Charlotte, NC, July 16, 2024-Truist issued the following in expectation of Q2 earnings releases. | | |
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| | | NWFA Announces Inaugural Leadership Development Summit | | St. Charles, MO, July 16, 2024—The National Wood Flooring Association’s (NWFA) inaugural Leadership Development Summit will take place from October 10 to 12 at Live! by Loews – Ballpark Village in St. Louis, Missouri. | | |
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| | | Spartan Surfaces and Flooring Solutionz Merge | | Bel Air, MD, July 16, 2024—Spartan Surfaces and Flooring Solutionz have come together to bring product solutions to Northeast Ohio, Western Pennsylvania and West Virginia. | | |
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| | | Department of Labor Cites Ecore for Violations in Texas Plant | | Austin, TX, July 16, 2024-“An inspection of Ecore International Inc’s Mexia plant by the department’s Occupational Safety and Health Administration in January 2024 found more than a dozen safety and health violations,” reports the U.S. Department of Labor. | | |
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| | | Paulson's Floor Coverings Adding Location in Kennewick, WA | | Kennewick, WA, July 16, 2024-Paulson’s Floor Coverings, based in Tigard, Oregon, plans to open a warehouse and showroom in Kennewick, Washington early next year, reports Tri Cities Business News. | | |
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| | | Distrib. Trade Sales & Manu. Shipments Unchanged in May | | Washington, DC, July 16, 2024- The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,861.4 billion, virtually unchanged from April 2024 but up 2.0% from May 2023, according to the U.S. Census Bureau. | | |
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| Featured Video | | | | Barbara June Discusses NALFA's Message at Flooring Sustainability Summit | | July 16, 2024—Barbara June, President of NALFA (North American Laminate Flooring Association), and Kemp Harr discuss NALFA’s participation | | |
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