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Jul 03, 2024 / The Right News Right When It Happens

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Trade Deficit Widened by $0.6 Billion in May

Washington, DC, July 3, 2024—The goods and services deficit was $75.1 billion in May, up $0.6 billion from $74.5 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Today's Flooring News

Initial Jobless Claims Rose by 4,000 in Week Ending June 29

Washington, DC, July 3, 2024—In the week ending June 29, the advance figure for seasonally adjusted initial claims was 238,000, an increase of 4,000 from the previous week's revised level, according to the Department of Labor.

Construction Job Openings Rose by 2,000 in May

Washington, DC, July 3, 2024—The construction industry had 339,000 job openings on the last day of May, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

Orders for Manufactured Goods Declined 0.5% in May

Washington, DC, July 3, 2024—New orders for manufactured goods in May, down following three consecutive monthly increases, decreased $3.0 billion or 0.5% to $583.1 billion, the U.S. Census Bureau reported. This followed a 0.4% April increase.

Mortgage Applications Declined 2.6% in Week Ending June 28

Washington, DC, July 3, 2024—Mortgage applications decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 28, 2024.