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Nov 27, 2024 / The Right News Right When It Happens

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Mortgage Applications Rose 6.3% in Week Ending November 22

Washington, DC, November 27, 2024-Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024.

Today's Flooring News

Q3 GDP Holds Steady at 2.8% in Second Estimate

Washington, DC, November 27, 2024—Real gross domestic product (GDP) increased at an annual rate of 2.8% in Q3 2024, according to the second estimate released by the U.S. Bureau of Economic Analysis. In Q2, real GDP increased 3.0%.

Pending Home Sales Up 2% in October

Washington, DC, November 27, 2024-The Pending Home Sales Index elevated 2.0% to 77.4 in October, according to the National Association of Realtors.

Strand's Flooring & Paint to Retain Name After Sale

Marshalltown, IA, November 27, 2024- Strand’s Flooring and Paint will retain its name following its 2023 sale to Painters Supply & Equipment of Taylor, Michigan.

Appalachian Wood Floors Fined for Safety Violations

Portsmouth, OH, November 27, 2024-Once again, the U.S. Department of Labor has cited hardwood floor manufacturer Appalachian Wood Floors Inc. with a long history of federal safety violations after the company reported a 23-year-old worker suffered a partial arm amputation while troubleshooting a rip saw machine.

TCNA's International Product Assurance Lab Honored with ACIL Award

Clemson, SC, November 27, 2024-International Product Assurance (IPA) Laboratories was recognized at the 2024 Annual Meeting of the American Council of Independent Laboratories (ACIL) in New Orleans.

Initial Jobless Claims Declined by 2,000 in Week Ending Nov. 23

Washington, DC, November 27, 2024—In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.

Orders for Durable Goods Rose 0.2% in October

Washington, DC, November 27, 2024—New orders for manufactured durable goods in October, up following two consecutive monthly decreases, increased $0.7 billion or 0.2% to $286.6 billion, the U.S. Census Bureau announced.