Today's Flooring News

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.

GDP Revised Up to 1.1% in Third Q1 Estimate

GDP Revised Up to 1.1% in Third Q1 Estimate

Washington, DC, June 28, 2016—Real gross domestic product increased at an annual rate of 1.1% in the first quarter of 2016, according to the third estimate released by the Bureau of Economic Analysis.

11.4% of Households Spend Half of Income on Housing, JCHS

11.4% of Households Spend Half of Income on Housing, JCHS

Cambridge, MA, June 27, 2016—The national housing market has now regained enough momentum to provide an engine of growth for the U.S. economy, according to the The State of the Nation’s Housing report by the Joint Center for Housing Studies.