Today's Flooring News

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Orders for Manufactured Goods Rose 0.4% in July

Orders for Manufactured Goods Rose 0.4% in July

Washington, DC, September 2, 2021-New orders for manufactured goods in July, up fourteen of the last fifteen months, increased $1.9 billion or 0.4% to $508.1 billion, the U.S. Census Bureau reported.

Productivity Increased 2.1% in Q2

Productivity Increased 2.1% in Q2

Washington, DC, September 2, 2021—Nonfarm business sector labor productivity increased 2.1% in Q2 2021, the U.S. Bureau of Labor Statistics reported, as output increased 8.1% and hours worked increased 6.0%.

Construction Spending Inched Up 0.3% in July

Construction Spending Inched Up 0.3% in July

Washington, DC, September 1, 2021—Construction spending during July 2021 was estimated at a seasonally adjusted annual rate of $1,568.8 billion, 0.3% above the revised June estimate of $1,563.4 billion, according to the U.S. Census Bureau.

Manufacturing Index Recorded Expansion in August

Manufacturing Index Recorded Expansion in August

Tempe, AZ, September 1, 2021—The August Manufacturing PMI registered 59.9%, an increase of 0.4 percentage point from the July reading of 59.5%, according to the latest Manufacturing ISM Report On Business.