Today's Flooring News

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Durable Goods Order Rose 2.5% in November

Durable Goods Order Rose 2.5% in November

Washington, DC, December 23, 2021—New orders for manufactured durable goods in November increased $6.5 billion or 2.5% to $268.3 billion, the U.S. Census Bureau announced. This increase, up six of the last seven months, followed a 0.1% October increase.

November's Existing Home Sales Up 1.9%

November's Existing Home Sales Up 1.9%

Washington, DC, December 22, 2021-Total existing-home sales grew 1.9% from October to a seasonally adjusted annual rate of 6.46 million in November, according to the National Association of Realtors. This marks three consecutive months of increases.

GDP Revised Up to 2.3% for Q3

GDP Revised Up to 2.3% for Q3

Washington, DC, December 22, 2021—Real gross domestic product (GDP) increased at an annual rate of 2.3% in Q3, according to the third estimate released by the Bureau of Economic Analysis. In Q2, real GDP increased 6.7%.

Construction Employment Lagged in November

Construction Employment Lagged in November

Washington, DC, December 22, 2021—Seasonally adjusted construction employment in November lagged the February 2020 level in 32 states and exceeded it in 18 states and the District of Columbia, according to AGC’s analysis of Bureau of Labor Statistics (BLS) data.