| May 23, 2023 / The Right News Right When It Happens | Top Story | | April New Home Sales Rose 4.1% from March, Up 11.8% YOY | Washington, DC, May 23, 2023—Sales of new single-family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.1% above the revised March rate of 656,000 and 11.8% above the April 2022 estimate of 611,000. | |
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| Today's Flooring News | | Starnet Announces Board Changes & Design Awards Winners | Scottsdale, AZ, May 23, 2023-During Starnet’s annual meeting, held May 18 to 21 in Scottsdale, Arizona, the group announced changes to its board and Starnet Design Awards winners. | |
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| | Lowe's Sales Declined 5.9% in Q1, Earnings Relatively Flat | Mooresville, NC, May 23, 2023—Lowe’s Q1 2023 sales were $22.3 billion, a 5.9% decline compared to sales of $23.7 billion in the same period last year. | |
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| | NWFA Names Holden & Conner to Hall of Fame | St. Louis, MO, May 23, 2023—The National Wood Flooring Association (NWFA) announced the addition of Rick Holden and the late Don Conner to the NWFA Hall of Fame during the NWFA Wood Flooring Expo in Milwaukee, Wisconsin on May 2. | |
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| WFCA Holds Spring Board Meeting, Lobbies on Capitol Hill | Washington, DC, May 23, 2023—The World Floor Covering Association (WFCA) held its board meeting last week in Washington, DC. | |
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| J+J Opens New Chicago Showroom in Fulton Market | Dalton, GA, May 23, 2023—J+J Flooring has opened a new flagship showroom in Chicago’s Fulton Market. | |
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| April Construction Employment Rose in 42 States YOY | Washington, DC, May 23, 2023—Seasonally adjusted construction employment rose from April 2022 to April 2023 in 42 states and the District of Columbia, declined in seven states, and held steady in Hawaii, according to Associated General Contractors’ analysis of data by the Bureau of Labor Statistics. | |
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Featured Video | | Pete Larmore Discusses Bonitz's Recent Growth and Expansion Plans | May 23, 2023—Pete Larmore, CEO with Bonitz, and Kemp Harr discuss the firm’s recent growth and future plans for strategic geographical gro | |
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