| | | Mar 17, 2021 / The Right News Right When It Happens | | Top Story | | | | One-on-One with Vance Bell as He Discusses the Shift from CEO to Executive Chairman | | Chattanooga, TN, March 16, 2021-- Vance Bell announced that he will step down as CEO of Shaw Industries next month and sat down with Kemp Harr to discuss both the impetus for the change and his more than 45-year career with Shaw. | | |
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| | Today's Flooring News | | | | Housing Starts Slid 10.3% in February | | Washington, DC, March 17, 2021-Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,421,000, 10.3% below the revised January estimate of 1,584,000 and 9.3% below the February 2020 rate of 1,567,000, according to the U.S. Census Bureau. | | |
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| | | | Building Material Prices Surging | | New York, NY, March 17, 2021-Prices are surging for the raw materials used to build American homes, reports the Wall Street Journal. | | |
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| | | | Nonn's Opens Location in New Berlin, Wisconsin | | New Berlin, WI, March 17, 2021—Nonn’s Kitchen Bath & Flooring has opened a new location in New Berlin, Wisconsin. | | |
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| | | Neil Mack Named VP of Flooring Business for H.B. Fuller | | Aurora, IL, March 17, 2021—Neil Mack has joined H.B. Fuller as the new vice president of the flooring business segment. | | |
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| | | Federal Reserve Expected to Maintain Interest Rates, Says WSJ | | New York, NY, March 17, 2021—The Federal Reserve is likely to reaffirm its plans to maintain easy-money policies until the U.S. economy recovers further from the effects of coronavirus pandemic, while also noting the brightening outlook for growth, reports the Wall Street Journal. | | |
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| | | Mortgage Applications Decreased 2.2% in Second Week of March | | Washington, DC, March 17, 2021—Mortgage applications decreased 2.2% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 12, 2021. | | |
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| Featured Video | | | | Kermit Baker Discusses the Outlook for Housing, Remodeling and Commercial Construction Sectors | | March 17, 2021--Kermit Baker, a Harvard Economist, and Kemp Harr discuss the outlook for growth within the housing new construction and remodel sector | | |
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