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Dec 03, 2021 / The Right News Right When It Happens

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Orders for Manufactured Goods Declined 0.5% in October

Washington, DC, December 3, 2021—New orders for manufactured durable goods in October decreased $1.2 billion or 0.5% to $260.1 billion, the U.S. Census Bureau announced.

Today's Flooring News

Employment Rose by 210,000 in November, Unemployment at 4.2%

Washington, DC, December 3, 2021—Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2%, the U.S. Bureau of Labor Statistics reported.

Construction Industry Lacks 2.2M Skilled Workers

Washington, DC, December 3, 2021-A lack of skilled construction labor is a key limiting factor for improving housing inventory and affordability, according to a new report by the Home Builders Institute (HBI).

U.S. Veneer Exports Rose 30% YOY in 2021

Sterling, VA, December 3, 2021--U.S. veneer exports have grown to 148 million square meters this year, up 30% versus last year, according to the Decorative Hardwoods Association.

National Freight Rates Declined 14% in Nov but Are Up 284% YOY

Miami Beach, FL, December 3, 2021-Freight rates fell 14% overall month-over-month in November to $9,364/FEU, but prices are still 284% higher than last year and more than six times the pre-pandemic norm, reports Freightos. These facts relate to all goods, not only flooring.

CFL's Audacity Flooring Expands Partnership with Cain & Bultman

Adairsville, GA, December 3, 2021-Audacity Flooring has announced that Cain & Bultman, a Florida-based flooring distributor, is now the single source supplier for all Audacity products in South Carolina and Alabama.

Construction Employment Rose YOY in October

Washington, DC, December 3, 2021— Nearly two out of three U.S. metro areas added construction jobs between October 2020 and October 2021, according to an analysis by the Associated General Contractors of America of government employment data.