Orders for Durable Goods Declined 0.9% in December
Washington, DC, January 27, 2022—New orders for manufactured durable goods in December decreased $2.4 billion or 0.9% to $267.6 billion, the U.S. Census Bureau announced.
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Initial Jobless Claims Declined by 30K in Third Week of January
Washington, DC, January 27, 2022—In the week ending January 22, the advance figure for seasonally adjusted initial claims was 260,000, a decrease of 30,000 from the previous week's revised level, reports the Department of Labor.
WFCA Announces Event Lineup for Surfaces
Dalton, GA, January 27, 2022—The World Floor Covering Association (WFCA) announced its lineup of guest speakers and in-booth event details for TISE 2022, themed “Reset. Reconnect. Renew.”
Dallas Led Hotel Construction Pipeline in Q4
Portsmouth, NH, January 27, 2022—In the recent U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of the fourth quarter of 2021, Dallas leads the U.S. markets in the number of pipeline projects with 152 projects/18,180 rooms.
Existing-Home Sales Rose 11.9% in December
Washington, DC, January 26, 2022-Sales of new single-family houses in December 2021 were at a seasonally adjusted annual rate of 811,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 11.9% above the revised November rate of 725,000 but 14.0% below the December 2020 estimate of 943,000.
CARE's 20th Annual Conference Slated for Minneapolis in May
Dalton, Ga, January 26, 2022-CARE’s annual conference, the organization’s 20th, is scheduled for May 3 and 4 at the Minneapolis Marriott City Center in downtown Minneapolis.
Coverings Announces Details of In-Person Event in April
Arlington, VA, January 26, 2022-Coverings, the largest international tile and stone exhibition and conference in North America, has announced a comprehensive roster of both popular and new activations for Coverings 2022, which will take place April 5 to 8, 2022, at the Las Vegas Convention Center in Las Vegas, Nevada.
Mortgage Applications Declined 7.1% in Third Week of January
Washington, DC, January 26, 2022—Mortgage applications decreased 7.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 21, 2022.
Mannington Comml. Names Shane Totten Director of Sustainability
Calhoun, GA, January 26, 2022—Mannington Commercial announces the hire of Shane Totten to the newly created role of director of sustainability.
Pace of U.S. Economic Growth May Decline Due to Inflation, Other Challenges
New York, NY, January 26, 2022—The pace of economic growth both in the U.S. and globally is likely to decline more sharply than previously expected, the International Monetary Fund says in its latest forecast, citing inflation, fallout from the Omicron variant and chronic supply-chain problems, reports the Wall Street Journal.