GDP Slid 31.7% in Q2, Says BEA in Second Estimate
Washington, DC, August 27, 2020—Real gross domestic product (GDP) decreased at an annual rate of 31.7% in Q2 2020, according to the second estimate released by the Bureau of Economic Analysis.
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Initial Jobless Claims Declined by 98K in Third Week of August
Washington, DC, August 27, 2020—In the week ending August 22, the advance figure for seasonally adjusted initial claims was 1,006,000, a decrease of 98,000 from the previous week's revised level, according to the Department of Labor.
Toll Brothers Reports Lower Income & Home Sales Revenues for Q3
Horsham, PA, August 26, 2020-Toll Brothers reported FY 2020 Q3 net income of $114.8 million, a 21.5% decline compared to net income of $146.3 million in FY 2019’s third quarter.
Orders for Durable Goods Rose 11.2% in July
Washington, DC, August 26, 2020-New orders for manufactured durable goods in July increased $23.2 billion or 11.2% to $230.7 billion, the U.S. Census Bureau announced. This increase, up three consecutive months, followed a 7.7% June increase.
Coverings Connected Hosting Events Today
Arlington, VA, August 26, 2020-Coverings Connected takes place today, with three live webinars.
Mortgage Applications Slid 6.5% in Third Week of August
Washington, DC, August 26, 2020—Mortgage applications decreased 6.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 21, 2020.
IFCII Offering Advanced Certification Class
Norcross, GA, August 26, 2020-IFCII will hold an Advanced Certification Class.
Warmly Yours Reports on Radiant Heating Sales in Q2
Lake Zurich, IL, August 26, 2020-According to a recent industry report, sales of radiant heating products were driven by growth in the homeowner and trade professional customer segments despite widespread lockdowns due to COVID-19.
Ecore Offering Free CEU and Seminar
Lancaster, PA, August 26, 2020—Ecore will continue to offer free seminars on acoustics and performance for continuing education course (CEU) credits from September through November.
Home Prices Rose 4.3% in June, Steady with May, Says Case-Shiller
New York, NY, August 25, 2020-Home prices made a 4.3% annual gain in June, no change from 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.