| | | Nov 27, 2024 / The Right News Right When It Happens | | Top Story | | | | Mortgage Applications Rose 6.3% in Week Ending November 22 | | Washington, DC, November 27, 2024-Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024. | | |
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| | Today's Flooring News | | | | Q3 GDP Holds Steady at 2.8% in Second Estimate | | Washington, DC, November 27, 2024—Real gross domestic product (GDP) increased at an annual rate of 2.8% in Q3 2024, according to the second estimate released by the U.S. Bureau of Economic Analysis. In Q2, real GDP increased 3.0%. | | |
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| | | | Pending Home Sales Up 2% in October | | Washington, DC, November 27, 2024-The Pending Home Sales Index elevated 2.0% to 77.4 in October, according to the National Association of Realtors. | | |
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| | | | Strand's Flooring & Paint to Retain Name After Sale | | Marshalltown, IA, November 27, 2024- Strand’s Flooring and Paint will retain its name following its 2023 sale to Painters Supply & Equipment of Taylor, Michigan. | | |
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| | | Appalachian Wood Floors Fined for Safety Violations | | Portsmouth, OH, November 27, 2024-Once again, the U.S. Department of Labor has cited hardwood floor manufacturer Appalachian Wood Floors Inc. with a long history of federal safety violations after the company reported a 23-year-old worker suffered a partial arm amputation while troubleshooting a rip saw machine. | | |
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| | | TCNA's International Product Assurance Lab Honored with ACIL Award | | Clemson, SC, November 27, 2024-International Product Assurance (IPA) Laboratories was recognized at the 2024 Annual Meeting of the American Council of Independent Laboratories (ACIL) in New Orleans. | | |
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| | | Initial Jobless Claims Declined by 2,000 in Week Ending Nov. 23 | | Washington, DC, November 27, 2024—In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor. | | |
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| | | Orders for Durable Goods Rose 0.2% in October | | Washington, DC, November 27, 2024—New orders for manufactured durable goods in October, up following two consecutive monthly decreases, increased $0.7 billion or 0.2% to $286.6 billion, the U.S. Census Bureau announced. | | |
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| Featured Video | | | | Chris Abbate Discusses the Launch of Ceramics of Italy Tile Competition | | November 27, 2024—Chris Abbate, founder and CEO of Novita, and Kemp Harr discuss the kick-off of the 2025 Ceramics of Italy tile competition. Li | | |
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