Breaking Flooring News

Construction Spending Inched Up 0.2% in October

Construction Spending Inched Up 0.2% in October

Washington, DC, December 1, 2021-Construction spending during October 2021 was estimated at a seasonally adjusted annual rate of $1,598.0 billion, 0.2% above the revised September estimate of $1,594.8 billion, according to the U.S. Census Bureau.

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Industry News

ISM Manufacturing Index Rose to 61.1% in November

Tempe, AZ, December 1, 2021-The November Manufacturing Purchasing Manager Index (PMI) registered 61.1%, an increase of 0.3 percentage point from the October reading of 60.8%, according to the latest Manufacturing ISM Report On Business.

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Mortgage Applications Down 7.2% Thanksgiving Week

Washington, DC, December 1, 2021-Mortgage applications decreased 7.2% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 26, 2021.

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Recent Industry Events

Interviews

Joe Yarbrough Discusses the Growth and Challenges that the Carpet Industry is Addressing

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Cathy Buchanan Discusses Recent Business Conditions with Her Michigan Flooring Store

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Dan Frierson Discusses The Dixie Group's Q3 Performance and Growth Initiatives

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Bart Bettiga Discusses the Tile Industry and NTCA's Participation in Total Solutions & FCEF

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Tyler Levi Discusses Levi's 4 Floors and FloorCon

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