Today's Flooring News

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PMI Expanded in February

PMI Expanded in February

Tempe, AZ, March 1, 2018—The February Purchasing Manager’s Index (PMI) registered 60.8%, an increase of 1.7 percentage points from the January reading of 59.1%, according to the latest Manufacturing ISM Report On Business.

Q4 2017 GDP Estimate Revised from 2.6% to 2.5%

Q4 2017 GDP Estimate Revised from 2.6% to 2.5%

Washington, DC, February 28, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis.

Pending Home Sales Hit Three-Year Low in January

Pending Home Sales Hit Three-Year Low in January

Washington, DC, February 28, 2018—The Pending Home Sales Index fell 4.7% to 104.6 in January from a downwardly revised 109.8 in December 2017, according to the National Association of Realtors. After last month’s retreat, the index is now 3.8% below a year ago and at its lowest level since October 2014 (104.1).

Home Prices Rose 6.3% in December YOY

Home Prices Rose 6.3% in December YOY

New York, February 27, 2018—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3% annual gain in December, up from 6.1% in the previous month.