Orders for Manufactured Goods Rose 2.7% in October
Washington, DC, December 6, 2016—New orders for manufactured goods in October, up four consecutive months, increased $12.5 billion or 2.7% to $469.4 billion, the U.S. Census Bureau has reported.
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Productivity Rose 3.1% in Quarter Three
Washington, DC, December 6, 2016—Nonfarm business sector labor productivity increased at a 3.1% annual Nonfarm business sector labor productivity increased at a 3.1% annual rate during the third quarter of 2016, the U.S. Bureau of Labor Statistics
Home Prices Rose by 6.7% YOY in October, CoreLogic
Irvine, CA, December 06, 2016—Home prices nationwide increased year over year by 6.7% in October 2016 compared with October 2015 and increased month over month by 1.1% in October 2016 compared with September 2016, according to the CoreLogic Home Price Ind
Toll Brothers Announces Q4 and Fiscal Year Results
Horsham, PA, December 6, 2016—Toll Brothers announced fiscal year (FY) 2016’s fourth-quarter net income was $114.4 million, or $0.67 per share diluted, compared to $147.2 million, or $0.80 per share diluted, in FY 2015’s fourth quarter.
U.S. Trade Gap Widened in October
Washington, DC, December 6, 2016—The goods and services deficit was $42.6 billion in October, up $6.4 billion from $36.2 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Com
Nelson Fishman of Fishman Flooring Solutions Dies
Baltimore, MD., December 6, 2016 – Nelson Fishman, long-time CEO and chairman of Fishman Flooring Solutions, passed away in Baltimore, Maryland on December 4.
Divine Flooring to Open Showroom in Chicago Merchandise Mart
Chicago, IL, December 6, 2016—Divine Flooring will open its U.S. flagship showroom on the first floor of the Merchandise Mart in downtown Chicago in the spring of 2017.
CFL Breaks Ground on Expansion at Jiashan, China Headquarters
Jiashan, China, December 5, 2016—CFL held a groundbreaking ceremony on December 1 at its Jiashan, China headquarters to celebrate an upcoming expansion, which will include a new research and design center.
Construction Employment Grew by 19K in November
Arlington, VA, December 5, 2016—Construction employers added 19,000 jobs in November, reaching the highest employment level since November 2008, but a drop in public sector investments in construction projects held down employment among heavy and civil en
Service Sector Employment Rose in November
Tempe, AZ, December 5, 2016—The Non-Manufacturing Index registered 57.2% in November, 2.4 percentage points higher than the October reading of 54.8%, according to the Non-Manufacturing ISM Report On Business.