Floordaily

Oct 26, 2023 / The Right News Right When It Happens

Top Story

America’s Floor Source Acquires MK Interiors

Columbus, OH, October 26, 2023-America’s Floor Source (AFS) has acquired MK Interiors in Northern Kentucky.

Today's Flooring News

Q3 GDP Rose 4.9%

Washington, DC, October 26, 2023—Real gross domestic product (GDP) increased at an annual rate of 4.9% in Q3 2023, according to the advance estimate released by the Bureau of Economic Analysis.

Pending Home Sales Rose 1.1% in September

Washington, DC, October 26, 2023—The Pending Home Sales Index (PHSI) rose 1.1% to 72.6 in September, according to the National Association of Realtors.

Hotel Construction Pipeline Up 7% YOY Through Q3

Portsmouth, NH, October 26, 2023—At the close of Q3 2023, the total U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% year-over-year (YOY) by projects and rooms, according to the most recent Construction Pipeline Trend Report for the United States by Lodging Econometrics (LE).

Durable Goods Orders Rose 4.7% in September

Washington, DC, October 26, 2023—New orders for manufactured durable goods in September, up following two consecutive monthly decreases, increased $13.2 billion or 4.7% to $297.2 billion, the U.S. Census Bureau announced.

Bentley Owner Belysse Reports Q3 Revenue Down 19.2%, EBITDA Up 1.1%

Waregem, Belgium, October 26, 2023-Belysse-owner of Bentley, Modulyss, ITC and Arc Edition-reported Q3 consolidated group revenue of €73.6 million, down 19.2% year over year.

Initial Jobless Claims Rose by 10,000 in Week Ending October 21

Washington, DC, October 26, 2023—In the week ending October 21, the advance figure for seasonally adjusted initial claims was 210,000, an increase of 10,000 from the previous week's revised level, reports the Department of Labor.