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Nov 27, 2019  /  The Right News Right When It Happens
Top Story
Q3 GDP Revised Up to 2.1% in Second Estimate
Washington, DC, November 27, 2019—Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3 of 2019, according to the second estimate released by the Bureau of Economic Analysis.
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Today's Flooring News
Oct. Pending Home Sales Down 1.7% from Sept. But Up 4.4% YOY
Washington, DC, November 27, 2019—Pending home sales fell 1.7% to 106.7 in October, according to the National Association of Realtors. Year-over-year contract signings jumped 4.4%. An index of 100 is equal to the level of contract activity in 2001.
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Durable Goods Orders Rose 0.6% in October
Washington, DC, November 27, 2019—New orders for manufactured durable goods in October increased $1.5 billion or 0.6% to $248.7 billion, the U.S. Census Bureau announced.
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Personal Income Virtually Flat in October
Washington, DC, November 27, 2019—Personal income increased $3.3 billion (less than 0.1%) in October, according to estimates released by the Bureau of Economic Analysis.
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Featured Video
Russell Grizzle Discusses Mannington's Plans to Acquire Phenix and Pharr Yarns
November 27, 2019—Russell Grizzle, CEO of Mannington Mills, and Kemp Harr discuss Mannington’s announcement of their plans to acquire Phen
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