Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Washington, DC, September 1, 2023—Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1,972.6 billion, 0.7% above the revised June estimate of $1,958.9 billion, according to the U.S. Census Bureau.
Orlando FL, September 1, 2023-MSI International plans to build a warehouse in Orlando, Florida, reports the Orlando Business Journal.
Tempe, AZ, September 1, 2023—The August Manufacturing Purchasing Managers’ Index (PMI) registered 47.6%, 1.2 percentage points higher than the 46.4% recorded in July, according to the Manufacturing ISM Report On Business.
Washington, DC, September 1, 2023—Total nonfarm payroll employment increased by 187,000 in August, and the unemployment rate rose to 3.8%, the U.S. Bureau of Labor Statistics reported.
Washington, DC, August 31, 2023-Personal income increased $45.0 billion (0.2% at a monthly rate) in July, according to estimates released by the Bureau of Economic Analysis.
St. Louis, MO, August 31, 2023-The National Wood Flooring Association (NWFA) has established an NWFA Named Scholarship for Paul Stringer, who retired from Somerset Hardwood earlier this year.
Portsmouth, NH, August 31, 2023-In the Q2 2023 global construction pipeline trend report from Lodging Econometrics (LE) analysts state that the total global construction pipeline stands at 14,572 projects/2,310,238, up 3% year-over-year (YOY) by projects and 1% YOY by rooms.
Washington, DC, August 31, 2023—In the week ending August 26, the advance figure for seasonally adjusted initial claims was 228,000, a decrease of 4,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, August 30, 2023-Pending home sales increased 0.9% in July-rising for the second consecutive month-according to the National Association of Realtors.
Washington, DC, August 30, 2023—Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q2 2023, according to the second estimate released by the Bureau of Economic Analysis.