Today's Flooring News

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Goods & Services Deficit Narrowed to $66.6B in December

Goods & Services Deficit Narrowed to $66.6B in December

Washington, DC, February 5, 2021—The goods and services deficit was $66.6 billion in December, down $2.4 billion from $69.0 billion in November, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Orders for Manufactured Goods Rose 1.1% in December

Orders for Manufactured Goods Rose 1.1% in December

Washington, DC, February 4, 2021—New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1% to $493.5 billion, the U.S. Census Bureau reported. This followed a 1.3% November increase.

Labor Productivity Declined 4.8% in Q4 2020

Labor Productivity Declined 4.8% in Q4 2020

Washington, DC, February 4, 2021—Nonfarm business sector labor productivity decreased 4.8% in Q4 2020, the U.S. Bureau of Labor Statistics reported, as output increased 5.3% and hours worked increased 10.7%.