Today's Flooring News

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Labor Productivity Rose 5.2% in Q3

Labor Productivity Rose 5.2% in Q3

Washington, DC, December 6, 2023—Nonfarm business sector labor productivity increased 5.2% in Q3 2023, the U.S. Bureau of Labor Statistics reported, as output increased 6.1% and hours worked increased 0.9%.

Exurban Areas Continued to Lead in Homebuilding in Q3

Exurban Areas Continued to Lead in Homebuilding in Q3

Washington, DC, December 5, 2023-For the third consecutive quarter, single-family growth rates were negative for all geographic sectors of the nation, as exurban areas posted the largest increase in marketshare for both single-family and multifamily construction, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q3 2023.