| May 28, 2020 / The Right News Right When It Happens | Top Story | | Huali Floors to Establish U.S. Footprint in Chatsworth Georgia | Chattanooga, TN, May 27, 2020-Chinese firm Huali Floors will establish its U.S. headquarters and a manufacturing facility in Murray County, Georgia. | |
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| Today's Flooring News | | LL Reports Increased Sales & Earnings in Q1, Charles Tyson Named CEO | Richmond, VA, May 28, 2020— Lumber Liquidators reported a net sales increase in Q1 2020 of 0.4% YOY. | |
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| | GDP Revised Down to a 5% Decrease for Q1 | Washington, DC, May 28, 2020—Real gross domestic product (GDP) decreased at an annual rate of 5.0% in the first quarter of 2020, according to the second estimate released by the Bureau of Economic Analysis. | |
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| | Pending Home Sales Slid 21.8% in April | Washington, DC, May 28, 2020—The Pending Home Sales Index fell 21.8% to 69.0 in April, according to the National Association of Realtors. | |
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| Durable Goods Orders Decreased 17.2% in April | Washington, DC, May 28, 2020—New orders for manufactured durable goods in April decreased $35.4 billion or 17.2% to $170.0 billion, the U.S. Census Bureau announced. | |
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| 2.1 Million Americans Filed for Unemployment Last Week | Washington, DC, May 28, 2020—In the week ending May 23, the advance figure for seasonally adjusted initial claims was 2,123,000, a decrease of 323,000 from the previous week's revised level, according to the U.S. Census Bureau. | |
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| Mannington Names Winners of National Merit Scholarships | Salem, NJ, May 28, 2020-As a corporate sponsor of the National Merit Scholarship Corporation and the underwriter of scholarships for children of its associates, this year, Mannington-sponsored special scholarships have been awarded to two graduating seniors, Alex Neal and Will Stinson. | |
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Featured Video | | Jay Smith and Dave Gheesling Discuss the Builder and Multifamily Business During Virus Slowdown | May 28, 2020--Jay Smith and Dave Gheesling, president and CEO, respectively, with the FEI Group, and Kemp Harr discuss how the builder and multifamily | |
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