Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

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%.

Flooring Companies Included Among NAHB Best of IBSx Nominees

Flooring Companies Included Among NAHB Best of IBSx Nominees

Washington, DC, February 3, 2021—The National Association of Home Builders (NAHB) announced the finalists for its inaugural Best of IBSx Awards for the 2021 NAHB International Builders’ Show virtual experience (IBSx), and two flooring-related companies were among them.