BEA News: Personal Income and Outlays, June 2023
Personal income increased $69.5 billion (0.3 percent at a monthly rate) in June.
Mohawk’s Q2 Sales Down 6.4%, Earnings Down 64%
Mohawk Industries announced Q2 2023 net sales of $2.95 billion, a 6.4% decrease from Q2 [...]
Fed Raises Interest Rates to 22-Year High
Yesterday, Fed Chair Jerome Powell announced another quarter-point hike to try to temper inflation, bringing [...]
BEA News: Gross Domestic Product, Second Quarter 2023 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the [...]
2022 marketWise Report
2023 started as simply an extension of 2022. The industry could do no wrong. And [...]
New-Home Sales Drop 2.5% in June but are Nearly 24% Above Last June
Sales of new single‐family houses in June 2023 were at a seasonally adjusted annual rate [...]
Housing Markets Have Slowed
Since the beginning of 2020, residential rents are up by almost 25 percent nationally while [...]
Unemployment Rate Holds Steady at 3.6% for June
At 3.6%, the national unemployment rate for June 2023 changed little month over month and [...]
2023 Floor Coverings Sales Trends
U.S. floor coverings manufacturer sales (shipments minus exports plus imports) declined sharply in the first [...]
Strong Start, Slow Finish – Flooring Covering Statistical Report 2022
In 2022, U.S. floor coverings sales slowed considerably from the sharp gains experienced in 2021, [...]