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Sep 03, 2024  /  The Right News Right When It Happens
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Single-Family Home Output Up Double Digits in Five of Seven Regions
Washington, DC, September 3, 2024-A lack of resale homes and pent-up demand more than offset high mortgage rates and contributed to solid single-family permit growth across nearly all geographic regions in the second quarter.
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Today's Flooring News
Construction Spending Declined 0.3% in July
Washington, DC, September 3, 2024—Construction spending during July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% below the revised June estimate of $2,169.0 billion, according to the U.S. Census Bureau.
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Purchasing Managers' Index Rose to 47.2% in August
Tempe, AZ, September 3, 2024—The Manufacturing Purchasing Managers’ Index (PMI) registered 47.2% in August, up 0.4 percentage point from the 46.8% recorded in July, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
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Americans Economic Mood Lifting
Washington, DC, September 3, 2024-”The American consumer is starting to shake out of a lingering bad mood,” reports the Wall Street Journal.
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NTCA Announces September 2024 Workshop & Training Schedule
Jackson, MS, September 3, 2024—The National Tile Contractors Association (NTCA) has announced its September tour across 11 states, delivering a lineup of standards-based educational workshops and regional trainings to industry professionals.
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Owen Baker Has Died
Saddle Brook, NJ, September 3, 2024—Nourison Home announces the passing of Owen Baker, a valued member of the company and the flooring industry.
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