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Dec 01, 2020  /  The Right News Right When It Happens
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Construction Spending Rose 1.3% in October
Washington, DC, December 1, 2020—Construction spending during October 2020 was estimated at a seasonally adjusted annual rate of $1,438.5 billion, 1.3% above the revised September estimate of $1,420.4 billion, according to the U.S. Census Bureau.
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Today's Flooring News
Q3 Kitchen & Bath Market Index Hits Highest Point in 2020
Hackettstown, NJ, December 1, 2020-For the first time this year, the Q3 Kitchen & Bath Market Index (KBMI) is above 50-at 61.9-up from 44.2 in Q2 and 41 in Q1, according to the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC).
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November Purchasing Managers' Index Slid to 57.5%
Tempe, AZ, December 1, 2020-The November Manufacturing Purchasing Managers' Index (PMI) registered 57.5%, down 1.8 percentage points from the October reading of 59.3%, according to the Manufacturing ISM Report On Business.
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UK's 2020 National Flooring Innovation Award Winners Announced
Catton, Thirsk, UK, December 1, 2020-Winners of the United Kingdom’s 2020 National Flooring Innovation Awards have been announced.
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