FloorDaily.net News & Interviews (December 22, 2016)

John Baugh Discusses His Outlook for Business Performance in 2017 

December 21, 216-John Baugh, managing director with Stifel, and Kemp Harr discuss John's enthusiasm for business growth in 2017 in light of the pro-business climate related to changes in Washington, DC. Listen to the interview to hear how increases in interest rates make housing more expensive but could well be followed with increased wages and other growth drivers. 

Washington, DC, December 22, 2016-Real gross domestic product increased at an annual rate of 3.5% in the third quarter of 2016, according to the third estimate released by the Bureau of Economic Analysis. Read at FloorDaily.net

Washington, DC, December 22, 2016-The American Institute of Architects (AIA) reported the November ABI score was 50.6, essentially unchanged from the mark of 50.8 in the previous month. The new projects inquiry index was 59.5, up from a reading of 55.4 the previous month. Read at FloorDaily.net

Calhoun, GA, December 22, 2016-Mannington Commercial is announcing a price increase on commercial carpet, resilient, and sundry products. Read at FloorDaily.net

Baltimore, MD, December 22, 2016-Fishman Flooring Solutions has expanded its footprint into northwestern Pennsylvania with its purchase of Fisher Flooring Supply in Erie, Pennsylvania. Read at FloorDaily.net

Washington, DC, December 22, 2016-Personal income increased $1.6 billion (less than 0.1%) in November, according to estimates released by the Bureau of Economic Analysis. Read at FloorDaily.net

Washington, DC, December 22, 2016-New orders for manufactured durable goods in November decreased $11.0 billion or 4.6% to $228.2 billion, the U.S. Census Bureau announced. Read at FloorDaily.net

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