| | | Aug 23, 2023 / The Right News Right When It Happens | | Top Story | | | | New Home Sales Up 31.5% YOY in July | | Washington, DC, August 23, 2023—Sales of new single-family houses in July 2023 were at a seasonally adjusted annual rate of 714,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.4% above the revised June rate of 684,000 and 31.5% above the July 2022 estimate of 543,000. | | |
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| | Today's Flooring News | | | | Architecture Billings Index Steady at 50 in July | | Washington, DC, August 23, 2023—The Architecture Billings Index (ABI) score for July was 50.0, indicating that billings at architecture firms remained flat for the month, according to the American Institute of Architects (AIA)/Deltek. | | |
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| | | | Mortgage Applications Declined 4.2% in Week Ending August 18 | | Washington, DC, August 23, 2023-Mortgage applications decreased 4.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2023. | | |
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| | | | CARE Authorizes Two New Initiatives for CA Carpet Stewardship Plan | | Dalton, GA, August 23, 2023— Carpet America Recovery Effort’s (CARE) Sustainable Plan Committee has authorized a set of initiatives that are consistent with the approved 2023-2027 California Carpet Stewardship Plan and are also a recommendation of the California Carpet Advisory Committee. | | |
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| | | Forbes' 2023 Best-In-State Employer Includes Four Industry Companies | | Dalton, GA, August 23, 2023-The 2023 Best-In-State Employer by Forbes included four flooring industry and related companies: Shaw, 5; Home Depot, 30; Mohawk, 71; Lowe’s, 84. | | |
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| Featured Video | | | | Monty Rathi Discusses Kaleen's Exit From Low-End Rug Business | | August 22, 2023—Monty Rathi, Owner and COO with Kaleen, and Kemp Harr discuss Kaleen’s decision to exit the low-end machine-made rug busin | | |
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