| | | May 26, 2017 / The Right News Right When It Happens | | Top Story | | | | GDP Increased to Rise of 1.2% for Q1, According to Second Estimate | | Washington, DC, May 26, 2017ÂReal gross domestic product (GDP) increased at an annual rate of 1.2% in the first quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. | | |
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| | Today's Flooring News | | | | Consumer Sentiment Rose 0.1% in May, Up 2.5% YOY | | Ann Arbor, MI, May 26, 2017ÂConsumer sentiment closed May 2017 at a rate of 97.1, a 0.1% increase over AprilÂs 97.0 rate, according to final results from the University of Michigan Survey of Consumers. | | |
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| | | | Multifamily Production Fell Seven Points to 48 in in Q1 | | Arlington, VA, May 26, 2017ÂThe Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped seven points to 48 in the first quarter of 2017. The MPI has not had a reading of under 50 since the fourth quarter of 2011. | | |
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| | | | Durable Goods Orders Fell 0.7% in April | | Washington, DC, May 26, 2017ÂNew orders for manufactured durable goods in April decreased $1.6 billion or 0.7% to $231.2 billion, the U.S. Census Bureau announced. | | |
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| | | AdvanSix Increases Price for Caprolactam and Nylon 6 Resin | | Parsippany, NJ, May 26, 2017ÂAdvanSix is making the following price change announcement effective June: an increase of $0.07/pound for caprolactam and nylon 6 resin. | | |
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| | | EPA Extends Compliance Date for Formaldehyde Emission Standards | | Washington, DC, May 26, 2017ÂThe EPA published a direct final rule to extend the compliance date for formaldehyde emission standards for composite wood products to March 22, 2018, according to the Hardwood, Plywood & Veneer Association. | | |
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