Today's Flooring News

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Q2 GDP Revised Down Slightly in Second Estimate

Q2 GDP Revised Down Slightly in Second Estimate

Washington, DC, August 29, 2019—Real gross domestic product (GDP) increased at an annual rate of 2.0% in Q2 2019, according to the second estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1%.

Home Construction Softening in Major Manufacturing Zones

Home Construction Softening in Major Manufacturing Zones

Washington, DC, August 28, 2019-In a possible sign of economic softening in the industrial heartland, home construction in the nation’s major manufacturing areas registered declines on a year-over-year basis in the second quarter of 2019, according to the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).

Home Prices Rose 3.1% YOY in June, Says Case-Shiller

Home Prices Rose 3.1% YOY in June, Says Case-Shiller

New York, NY, August 27, 2019-Home prices made a 3.1% annual gain in June, down from 3.3% 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.