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.

Third Quarter Productivity Rose 3.0%

Third Quarter Productivity Rose 3.0%

Washington, DC, December 6, 2017—Nonfarm business sector labor productivity increased 3.0% during the third quarter of 2017, the U.S. Bureau of Labor Statistics reported, as output increased 4.1% and hours worked increased 1.1%.

Home Depot Announces Share Repurchase Plan

Home Depot Announces Share Repurchase Plan

Atlanta, GA, December 6, 2017—Home Depot has announced a $15 billion share repurchase plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion by the year ending January 2021, reports CNBC.

Home Prices Rose 7% YOY in October, Says CoreLogic

Home Prices Rose 7% YOY in October, Says CoreLogic

Irvine, CA, December 5, 2017— Home prices nationally increased year over year by 7% from October 2016 to October 2017, and on a month-over-month basis home prices increased by 0.9% in October 2017 compared with September 2017, according to the CoreLogic Home Price Index (HPI).

Goods & Services Deficit Widened to $48.7 Billion in October

Goods & Services Deficit Widened to $48.7 Billion in October

Washington, DC, December 5, 2017—The goods and services deficit was $48.7 billion in October, up $3.8 billion from $44.9 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced.

Europe's Hotel Construction Pipeline Up 22%

Europe's Hotel Construction Pipeline Up 22%

Portsmouth, NH, December 5, 2017—A recent Hotel Construction Pipeline Trend Report for Europe states that the Total Pipeline has 1,228 Projects/189,490 Rooms, up 22% by projects year-over-year (YOY), according to Lodging Econometrics (LE).