Personal Income Declined While Spending Rose in October
Washington, DC, November 25, 2020—Personal income decreased $130.1 billion (0.7%) in October, according to estimates released by the Bureau of Economic Analysis.
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Durable Goods Orders Rose 1.3% in October
Washington, DC, November 25, 2020—New orders for manufactured durable goods in October increased $3.0 billion or 1.3% to $240.8 billion, the U.S. Census Bureau announced.
Mortgage Applications Rose 3.9% in Third Week of November
Washington, DC, November 25, 2020—Mortgage applications increased 3.9% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 20, 2020.
Initial Jobless Claims Rose by 30K in Third Week of November
Washington, DC, November 25, 2020—In the week ending November 21, the advance figure for seasonally adjusted initial claims was 778,000, an increase of 30,000 from the previous week's revised level, according to the Department of Labor.
Starnet Shifts Annual Meeting to October for 2021
Columbia, MD, November 24, 2020—Starnet has decided to combine its spring and fall meeting into a single 2021 event in Carlsbad, California, October 21 to 24.
Finalists for 2020 BOY Awards Announced
New York, NY, November 24, 2020-The flooring finalists for Interior Design’s 2020 Best of Year (BOY) Awards have been announced.
Home Prices Rose 7.0% in September, Says Case-Shiller
New York, NY, November 24, 2020-Home prices made a 7.0% annual gain in September, up from 5.8% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Ceramics of Italy Offers 2020 Fall-Winter Trend Report
New York, NY, November 24, 2020—Despite the cancellation of Cersaie and other design tradeshows around the world, Italian manufacturers continue to invent new designs and invest in technologies to keep expanding the versatility and value proposition of ceramics. Here, Ceramics of Italy offers its fall and winter 2020 trend report.
Stanley Pauley of Carpenter Co. Has Died
Richmond, VA, November 24, 2020-Stanley F. Pauley of Carpenter Co., 93, has died. Until several weeks ago, he had remained engaged in the daily activities of the company he had led for more than 40 years.
Shaheen Shaheen, Founder of World Carpets dies at 92
Dalton, GA, November 20, 2020-Shaheen Shaheen, founder of World Carpets , died on November 19 at his home. He was 92.