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Atlanta, GA, November 6, 2020-Interface reported Q3 2020 net sales of $279 million, down 20% versus $348 million in the prior year period. Declines in carpet tile were somewhat moderated by lesser declines in LVT and rubber.
Washington, DC, November 6, 2020—Record-low mortgage rates were not enough to offset inventory shortages and rising home prices as housing affordability continued to decline in the third quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).
Washington, DC, November 6, 2020—Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9%, the U.S. Bureau of Labor Statistics reported.
Washington, DC, November 6, 2020—Associated General Contractors (AGC) released the results of a survey of 1,077 construction professionals, conducted October 7 to 19.
Dalton, GA, November 5, 2020—The Dixie Group reported Q3 2020 net sales of $85.9 million, a 10% decline compared to Q3 2019’s $95.4 million, though sales of residential products were up 3%.
Hamilton Township, NJ, November 5, 2020—Total construction starts dipped 18% in September to a seasonally adjusted annual rate of $667.7 billion, essentially taking back August’s gain, according to Dodge Data.
Washington, DC, November 5, 2020—The Urban Land Institute held its semi-annual real estate forecast on October 28 via webinar, and McMorrow Reports provided a list of key findings from the seminar.
New York, NY, November 5, 2020—The Partnership for New York City surveyed major employers between October 15 and 26 to measure progress in the return of Manhattan’s one million office workers. This updates surveys released in June and August.
Washington, DC, November 5, 2020—In the week ending October 31, the advance figure for seasonally adjusted initial claims was 751,000, a decrease of 7,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, November 5, 2020—Nonfarm business sector labor productivity increased 4.9% in Q3 2020, the U.S. Bureau of Labor Statistics reported, as output increased 43.5% and hours worked increased 36.8%.