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Nov 16, 2021 / The Right News Right When It Happens

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Home Depot Sales Rose 9.8% in Q3, Earnings Up 20.3%

Atlanta, GA, November 16, 2021-The Home Depot reported sales of $36.8 billion for Q3 2021, an increase of 9.8% from Q3 2020’s $33.5 billion. Comparable sales for Q3 2021 increased 6.1%, and comparable sales in the U.S. increased 5.5%.

Today's Flooring News

Builder Sentiment Rose 3 Points to 83 in November

Washington, DC, November 16, 2021-Builder sentiment in the market for newly built single-family homes moved three points higher to 83 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

October Retail Sales Rose 1.7%, Marking A Good Start to Holiday Shopping

Washington, DC, November 16, 2021-U.S. retail and food services sales for October 2021 were $638.2 billion, an increase of 1.7% from the previous month and 16.3% above October 2020, according to the U.S. Census Bureau.

Mohawk Adds Atlanta to 2022 Roadshow Schedule

Calhoun, GA, November 16, 2021-Mohawk has added another stop on its 2022Roadshow; from February 22 to 23, the manufacturer will exhibit in Atlanta, Georgia at the Mohawk Flooring Center.

Import Prices Rose 1.2% in October

Washington, DC, November 16, 2021-U.S. import prices rose 1.2% in October following a 0.4% advance in September, the U.S. Bureau of Labor Statistics reported.

Industrial Production Rose 1.6% in October

Washington, DC, November 16, 2021-Industrial production rose 1.6% in October after falling 1.3% in September; about half of the gain in October reflected a recovery from the effects of Hurricane Ida, according to the Federal Reserve.