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Jan 08, 2025  /  The Right News Right When It Happens
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National Retail Federation Anticipating Healthy Activity in 2025
Washington, DC, January 8, 2025—Economic growth withstood inflation, high interest rates and other challenges in 2024 and should continue to show strength in 2025, National Retail Federation chief economist Jack Kleinhenz said.
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Today's Flooring News
Construction Hiring Slowed Significantly in November
Washington, DC, January 8, 2025—The construction industry had just 276,000 job openings on the last day of November 2024, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
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Mortgage Applications Declined 3.7% in Week Ending January 3
Washington, DC, January 8, 2025—Mortgage applications decreased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 3, 2025.
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Initial Jobless Claims Declined by 10,000 in Week Ending Jan. 4
Washington, DC, January 8, 2025—In the week ending January 4, the advance figure for seasonally adjusted initial claims was 201,000, a decrease of 10,000 from the previous week's unrevised level of 211,000, according to the Department of Labor.
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