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Nov 24, 2021 / The Right News Right When It Happens

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New Home Sales Inched Up 0.4% in October

Washington, DC, November 24, 2021-Sales of new single-family houses in October 2021 were at a seasonally adjusted annual rate of 745,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.4% above the revised September rate of 742,000 but is 23.1% below the October 2020 estimate of 969,000.

Today's Flooring News

Engineered Floors Partners with I4F/Hymmen for Digital Print Line

Hamont, Belgium, November 24, 2021-Engineered Floors has become the first manufacturer in the United States to purchase a Hymmen Jupiter Digital Printing Line.

Mannington Names John Hammel Senior Director, Wood and Laminate

Salem, NJ, November 24, 2021––Mannington Mills announced has hired John Hammel as senior director, wood and laminate business.

Q3 GDP Increased to 2.1% in Second Estimate

Washington, DC, November 24, 2021-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3, according to the second estimate released by the Bureau of Economic Analysis.

Consumer Sentiment Slid 6.0% in November to 67.4

Ann Arbor, MI, November 24, 2021-November consumer sentiment fell 6.0% to 67.4, according to final results from the University of Michigan Survey of Consumers.

Mortgage Applicatons Rose 1.8% in Third Week of November

Washington, DC, November 24, 2021-Mortgage applications increased 1.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 19, 2021.

Personal Income Rose 0.5% in October, Spending Rose 1.3%

Washington, DC, November 24, 2021—Personal income increased $93.4 billion (0.5%) in October according to estimates released by the Bureau of Economic Analysis.

E-commerce Sales Slower as Consumers Return to Brick-and-Mortar Stores

New York, NY, November 24, 2021-Consumers are spending freely on sporting goods and kitchen appliances, but they are doing more of their shopping in stores than they did last year when Covid-19 restrictions upended the holiday shopping season, reports the Wall Street Journal.

Orders for Durable Goods Slid 0.5% in October

Washington, DC, November 24, 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.

Initial Jobless Claims Fell 71K to 199,000 in Third Week of November

Washington, DC, November 24, 2021-In the week ending November 20, the advance figure for seasonally adjusted initial claims was 199,000, a decrease of 71,000 from the previous week's revised level, according to the Department of Labor.

AFA Presents Scholarship to Dalton State Student Ivan Espitia

Dalton, GA, November 24, 2021-Ivan Espitia, a bachelor of science, chemistry student with an industry concentration, wrote the winning essay about Amcor Plastics that won him $1,500 toward his education at Dalton State College.