BEA News: Personal Income and Outlays, September 2023
Personal income increased $77.8 billion (0.3 percent at a monthly rate) in September. Disposable personal [...]
Mohawk’s Sales Declined 5% in Q3, Earnings Loss of $760 Million
Mohawk reported net sales of $2.8 billion for Q3 2023, a 5% decline compared to [...]
BEA News: Gross Domestic Product, Third Quarter 2023 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the [...]
Home Remodel Spend Expected to Decline 7.7% Through Q3 2024
Annual spending for improvements and repairs to owner-occupied homes is expected to decrease at a [...]
Ceramic Tile Imports Declined 9.9% in First Eight Months of 2023
In the first eight months of 2023, total U.S. imports of ceramic tile were 125.8 [...]
Single-Family Starts Post Unexpected Gain
Despite elevated mortgage rates averaging above 7 percent, single-family starts posted a solid gain in [...]
Remodeling sales weaken, commercial sales gain
U.S. floor coverings manufacturer sales (shipments minus exports plus imports) continued to decline in the [...]
Total Construction Starts Slid 6% in September
Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 [...]
AIA Billings Index Declined to 44.8 in September
The AIA/Deltek Architecture Billings Index (ABI) score of 44.8 for September is the lowest score [...]
Economists Believe U.S. Will Skirt a Recession
Economists are turning optimistic on the U.S. economy, reports the Wall Street Journal. They now [...]