Today's Flooring News

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Construction Spending Inched Up 0.1% in July

Construction Spending Inched Up 0.1% in July

Washington, DC, September 1, 2020—Construction spending during July 2020 was estimated at a seasonally adjusted annual rate of $1,364.6 billion, 0.1% above the revised June estimate of $1,362.8 billion, according to the U.S. Census Bureau.

Purchasing Managers' Index Rose to 56% in August

Purchasing Managers' Index Rose to 56% in August

Tempe, AZ, September 1, 2020—The August Purchasing Managers Index registered 56%, up 1.8 percentage points from the July reading of 54.2%, according to the latest Manufacturing ISM Report On Business.

Construction Employment Declined in July

Construction Employment Declined in July

Washington, DC, August 31, 2020-Construction employment decreased from June to July in 26 states and the District of Columbia as earlier widespread job gains gave way to more project cancellations, according to an analysis by the Associated General Contractors of America of government employment data.