| | | Feb 01, 2023 / The Right News Right When It Happens | | Top Story | | | | CCA Global Foregoes Summer Convention to Focus on Retail 2.0 Rollout | | Manchester, NH, January 30, 2023-At the close of CCA Global meeting in Phoenix, Arizona, the group announced that it would not hold a summer convention. | | |
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| | Today's Flooring News | | | | Mohawk Announces SmartStrand Marketing Campaign with Rhinory | | Calhoun, GA, February 1, 2023-Announced the first day of The International Surface Event in Las Vegas, Mohawk is partnering with Rhinory on a life-sized marketing campaign for SmartStrand that is tied to a big cause. | | |
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| | | | Nox Will Transition to Sustainable Product Chemistries | | Seoul, South Korea, February 1, 2023—Nox Corporation, a global LVT (luxury vinyl tile) manufacturer, declared its plan for the transition to sustainable raw materials contributing to carbon reduction in all products. | | |
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| | | | Construction Spending Declined 0.4% in December | | Washington, DC, February 1, 2023—Construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% below the revised November estimate of $1,817.3 billion, according to the U.S. Census Bureau. The December figure is 7.7% above the December 2021 estimate of $1,681.0 billion. | | |
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| | | Private Sector Employment Added 106,000 jobs in January | | Roseland, NJ, February 1, 2023—Private sector employment increased by 106,000 jobs in January, and annual pay was up 7.3% year-over-year, according to the January ADP National Employment Report. | | |
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| | | Mortgage Applications Declined 9.0% in Week Ending January 27 | | Washington, DC, February 1, 2023—Mortgage applications decreased 9.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2023. | | |
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| | | Job Openings Rose to 11 Million in December | | Washington, DC, February 1, 2023—The number of job openings increased to 11.0 million on the last business day of December, the U.S. Bureau of Labor Statistics reported. | | |
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| | | December Purchasing Manager Index Declined to 48.4% | | Tempe, AZ, February 1, 2023—The December Manufacturing Purchasing Managers Index (PMI) registered 48.4%, 0.6 percentage point lower than the 49% recorded in November. | | |
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