| Dec 22, 2021 / The Right News Right When It Happens | Top Story | | November's Existing Home Sales Up 1.9% | Washington, DC, December 22, 2021-Total existing-home sales grew 1.9% from October to a seasonally adjusted annual rate of 6.46 million in November, according to the National Association of Realtors. This marks three consecutive months of increases. | |
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| Today's Flooring News | | MSI Surfaces Opening New Distribution Center in Kansas City | Kansas City, KS, December 22, 2021—MSI Surfaces will open a new distribution center and warehouse in Kansas City, Kansas, reports CoStar. | |
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| | GDP Revised Up to 2.3% for Q3 | Washington, DC, December 22, 2021—Real gross domestic product (GDP) increased at an annual rate of 2.3% in Q3, according to the third estimate released by the Bureau of Economic Analysis. In Q2, real GDP increased 6.7%. | |
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| | Construction Employment Lagged in November | Washington, DC, December 22, 2021—Seasonally adjusted construction employment in November lagged the February 2020 level in 32 states and exceeded it in 18 states and the District of Columbia, according to AGC’s analysis of Bureau of Labor Statistics (BLS) data. | |
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| Mortgage Applications Declined 0.6% in Week Ending Dec. 17 | Washington, DC, December 22, 2021—Mortgage applications decreased 0.6% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 17, 2021. | |
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