Labor Productivity Rose 3.2% in Q4
Washington, DC, March 7, 2024—Nonfarm business sector labor productivity increased 3.2% in Q4 2023, the U.S. Bureau of Labor Statistics reported, as output increased 3.5% and hours worked increased 0.3%.
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Washington, DC, March 7, 2024—Nonfarm business sector labor productivity increased 3.2% in Q4 2023, the U.S. Bureau of Labor Statistics reported, as output increased 3.5% and hours worked increased 0.3%.
Rockwall, TX, March 6, 2024-Robert Varden, president and CEO of UNITE Floor Training Alliance, announced that Tom Cartmell, executive vice president of Consolidated Flooring, Indianapolis, has joined the board of directors for UNITE Floor Training Alliance.
Washington, DC, March 7, 2024—In the week ending March 2, the advance figure for seasonally adjusted initial claims was 217,000, unchanged from the previous week's revised level, according to the Department of Labor.
Albuquerque, NM, March 6, 2024-Phillip Raby, 90, of Raby Home Solutions, was killed March 5 when the truck he was driving was hit by a Rail Runner train in Albuquerque.
Roseland, NJ, March 6, 2024—Private sector employment increased by 140,000 jobs in February, and annual pay was up 5.1% year-over-year, according to the February ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Washington, DC, March 6, 2024-Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual upward trend, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q4 2023.
Washington, DC, March 6, 2024—The number of job openings changed little at 8.9 million on the last business day of January, the U.S. Bureau of Labor Statistics reported.
Washington, DC, March 6, 2024—Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2024.
Chicago, IL, March 6, 2024—Commercial furniture maker Steelcase will establish a Chicago presence at Fulton Market.
Phoenix, AZ, March 5, 2024-Fuse Commercial Flooring Alliance celebrated a night of recognition and achievement during its annual conference in Phoenix, which boasted a record-breaking attendance of 460, a 30% increase from the 2023 conference.