Today's Flooring News

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Consumer Prices Inched Upward in November

Consumer Prices Inched Upward in November

Washington, DC, December 15, 2016—The Consumer Price Index for All Urban Consumers increased 0.2% in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported.

Home Sales Expected to Expand Modestly in 2017, NAR

Home Sales Expected to Expand Modestly in 2017, NAR

Washington, DC, December 15, 2016—Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings

October Foreclosure Inventory Falls 31.5% YOY

October Foreclosure Inventory Falls 31.5% YOY

Irvine, CA, December 14, 2016—Foreclosure inventory declined by 31.5% and completed foreclosures declined by 24.9% compared with October 2015, according to CoreLogic’s October 2016 National Foreclosure Report.

November Retail Sales Rose 3.8% YOY

November Retail Sales Rose 3.8% YOY

Washington, DC, December 14, 2016—Advance estimates of U.S. retail and food services sales for November were $465.5 billion, an increase of 0.1% from the previous month, and 3.8% above November 2015, according to the U.S. Census Bureau.