Barrington Carpet & Flooring Design Acquires Young’s Carpet One
Port Clinton, OH, January 4, 2021-Barrington Carpet & Flooring Design has acquired Young’s Carpet One Floor & Home of Port Clinton, Ohio.
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Rise in Chinese Exports Creates Logjam, Reports WSJ
New York, NY, January 4, 2021—"A logjam in the global shipping industry is testing the resilience of China’s exporters, who have driven the country’s economic recovery by churning out goods to meet surging global demand during the Covid-19 pandemic,” reports the Wall Street Journal.
Purchasing Managers’ Index Down 1.8 Points to 57.5% in Nov.
Tempe, AZ, January 4, 2021—The November Manufacturing Purchasing Managers’ Index (PMI) registered 57.5%, down 1.8 percentage points from the October reading of 59.3%, according to the Manufacturing ISM Report On Business.
INSTALL Adds New Warranty Contractor & Four Alliance Partners
Washington, D.C., December 4, 2021--In the second half of 2020, INSTALL welcomed one new INSTALL Warranty Contractor (IWC) and four new Alliance Partners (AP):
November New Home Sales Up 20.8% YOY, Down 11% from October
Washington, DC, December 23, 2020-Sales of new single-family houses in November 2020 were at a seasonally adjusted annual rate of 841,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Consumer Sentiment Rose 4.9% to 80.7 in December
Ann Arbor, MI, December 23, 2020—Consumer sentiment rose 4.9% to 80.7 in December, according to final results from the University of Michigan Survey of Consumers.
Durable Goods Orders Rose by 0.9% in November
Washington, DC, December 23, 2020—New orders for manufactured durable goods in November increased $2.2 billion or 0.9% to $244.2 billion, the U.S. Census Bureau announced.
Cali Climbs to #8 on San Diego Fastest-Growing Companies List
San Diego, CA, December 23, 2020—For the 11th year, Cali has earned a spot on San Diego Business Journal’s list of the region’s 100 Fastest-Growing Private Companies.
Personal Income & Spending Down in November
Washington, DC, December 23, 2020—Personal income decreased $221.8 billion (1.1%) in November according to estimates released by the Bureau of Economic Analysis.
Mortgage Applications Rose 0.8% in Third Week of December
Washington, DC, December 23, 2020—Mortgage applications increased 0.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 18, 2020.