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.

Purchasing Managers' Index Inched Down in November

Purchasing Managers' Index Inched Down in November

Tempe, AZ, December 2, 2019-The November Purchasing Managers’ Index (PMI) registered 48.1%, a decrease of 0.2 percentage point from the October reading of 48.3%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Q3 GDP Revised Up to 2.1% in Second Estimate

Q3 GDP Revised Up to 2.1% in Second Estimate

Washington, DC, November 27, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3 of 2019, according to the second estimate released by the Bureau of Economic Analysis.

Oct. Pending Home Sales Down 1.7% from Sept. But Up 4.4% YOY

Oct. Pending Home Sales Down 1.7% from Sept. But Up 4.4% YOY

Washington, DC, November 27, 2019—Pending home sales fell 1.7% to 106.7 in October, according to the National Association of Realtors. Year-over-year contract signings jumped 4.4%. An index of 100 is equal to the level of contract activity in 2001.

Durable Goods Orders Rose 0.6% in October

Durable Goods Orders Rose 0.6% in October

Washington, DC, November 27, 2019—New orders for manufactured durable goods in October increased $1.5 billion or 0.6% to $248.7 billion, the U.S. Census Bureau announced.

Personal Income Virtually Flat in October

Personal Income Virtually Flat in October

Washington, DC, November 27, 2019—Personal income increased $3.3 billion (less than 0.1%) in October, according to estimates released by the Bureau of Economic Analysis.