| Oct 19, 2023 / The Right News Right When It Happens | Top Story | | Existing Home Sales Declined 2.0% in September | Washington, DC, October 19, 2023—Total existing-home waned 2.0% from August to a seasonally adjusted annual rate of 3.96 million in September, according to the National Association of Realtors. Year-over-year, sales dropped 15.4% (down from 4.68 million in September 2022). | |
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| Today's Flooring News | | Ceramic Tile Imports Declined 9.9% in First Eight Months of 2023 | New York, NY, October 19, 2023—In the first eight months of 2023, total U.S. imports of ceramic tile were 125.8 million square meters, a decline of 9.9% from the same period in 2022. | |
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| | Home Remodel Spend Expected to Decline 7.7% Through Q3 2024 | Cambridge, MA, October 19, 2023—Annual spending for improvements and repairs to owner-occupied homes is expected to decrease at a moderate rate over the coming year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. | |
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| | Dub Newell Named CEO of Louisville Tile Distributors | Louisville, KY, October 19, 2023—Louisville Tile Distributors, a distributor of ceramic tile and related products, has announced that Walter “Dub” Newell has been appointed to the position of CEO. | |
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| Jobless Claims Declined by 13,000 in Week Ending October 14 | Washington, DC, October 19, 2023—In the week ending October 14, the advance figure for seasonally adjusted initial claims was 198,000, a decrease of 13,000 from the previous week's revised level, according to the Department of Labor. | |
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Featured Video | | Carole Cross Discusses Why Mobile Marketing Sold to Cyncly | October 19, 2023—Carole Cross, Founder and CEO of Mobile Marketing, and Kemp Harr discuss the strategy behind her decision to sell her company t | |
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