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Dec 14, 2017  /  The Right News Right When It Happens
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November Retail Sales Rose 5.8% YOY
Washington, DC, December 14, 2017—Advance estimates of U.S. retail and food services sales for November 2017 were $492.7 billion, an increase of 0.8% from the previous month, and 5.8% above November 2016, according to the U.S. Census Bureau.
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Today's Flooring News
JCHS Says Rental Housing Market is Changing, Slowing
Cambridge, MA and Washington, DC, December 14, 2017—A decade of unprecedented growth in the rental housing market may be coming to an end, according to the 2017 America’s Rental Housing report, released by the Joint Center for Housing Studies of Harvard University.
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Fed. Reserve Raises Benchmark Interest Rate .25 Point to 1.5%
Washington, DC, December 14, 2017—The Federal Reserve announced that it will raise the benchmark interest rate from its current 1.25% to 1.5% this year.
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Famous Rhodes named Class I Director for Lumber Liquidators
Toano, VA, December 14, 2017—Lumber Liquidators has announced the appointment of Famous P. Rhodes as a Class I director effective December 7.
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