| | | Dec 14, 2023 / The Right News Right When It Happens | | Top Story | | | | Retail Sales Rose 4.1% YOY in November | | Washington, DC, December 14, 2023—Advance estimates of U.S. retail and food services sales for November 2023 were $705.7 billion, up 0.3% from the previous month and up 4.1% above November 2022, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Construction Material Prices Declined 0.3% in November | | Washington, DC, December 14, 2023—Construction input prices decreased 0.3% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. | | |
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| | | | Import Prices Declined 0.4% in November, Export Prices Down 0.9% | | Washington, DC, December 14, 2023—Prices for U.S. imports decreased 0.4% in November following a 0.6% decline the previous month, the U.S. Bureau of Labor Statistics reported. | | |
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| | | | Fed Shifts Recession to Preventing Recession As Well As Beating Inflation | | New York, NY, December 14, 2023-"The Federal Reserve has two mandates: inflation and unemployment,” reports the Wall Street Journal. “For two years, though, it behaved as if only the first mattered, raising interest rates so steeply that it knew it was courting recession. | | |
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| | | Initial Jobless Claims Declined by 19,000 in Week Ending Dec. 9 | | Washington, DC, December 14, 2023—In the week ending December 9, the advance figure for seasonally adjusted initial claims was 202,000, a decrease of 19,000 from the previous week's revised level, according to the Department of Labor. | | |
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| | | Distrib. Trade Sales & Manu. Shipments Down 1.0% in October | | Washington, DC, December 14, 2023—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,856.2 billion, down 1.0% from September 2023 and was down 0.2% from October 2022, according to the U.S. Census Bureau. | | |
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