November Durable Goods Orders Increased 1.3%
Washington, DC, December 22, 2017—New orders for manufactured durable goods in November increased $3.1 billion or 1.3% to $241.4 billion, the U.S. Census Bureau has announced.
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Personal Income & Spending Both Rose in November
Washington, DC, December 22, 2017—Personal income increased $54.0 billion (0.3%) in November according to estimates released by the Bureau of Economic Analysis.
New Home Sales Leapt 17.5% in November, 26.6% YOY
Washington, DC, December 22, 2017—Sales of new single-family houses in November 2017 were at a seasonally adjusted annual rate of 733,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Consumer Sentiment Fell 2.6% in December
Ann Arbor, MI, December 22, 2017—Consumer sentiment fell 2.6% to 95.9 in December from November’s 98.5 rate, according to final results from the University of Michigan.
Larry Hutton Announces Retirement from Bonitz
Concord, NC, December 22, 2017—Bonitz has announced the forthcoming retirement of Larry Hutton, effective May 31, 2018.
Home Prices Inched Up 0.5% in October
Washington, DC, December 22, 2017—U.S. house prices rose in October, up 0.5% from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).
Q3 GDP Revised Up Slightly to 3.2% in Third Estimate
Washington, DC, December 21, 2017—Real gross domestic product (GDP) increased at an annual rate of 3.2% in the third quarter of 2017, according to the third estimate released by the Bureau of Economic Analysis.
Architecture Billings Index Jumped 6% to 55.0 in November
Washington, DC, December 21, 2017—The American Institute of Architects (AIA) reported the November Architecture Billings Index (ABI) score was 55.0, up from a score of 51.7 in the previous month.
Lumber Liquidators Contributes to Hurricane Harvey Relief
Toano, VA, December 21, 2017— Lumber Liquidators, in coordination with Texas Governor Greg Abbott, has committed more than $100,000 in cash and flooring product to help one of the communities hardest hit by Hurricane Harvey—Aransas Pass, Texas.
Home Depot Acquires The Company Store
Atlanta, GA, December 21, 2017—The Home Depot has acquired The Company Store, an online retailer of textiles and home décor products, include area rugs, from Hanover Direct.