Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Construction Backlog Indicator Inched Up to 8.2 Months in March

Construction Backlog Indicator Inched Up to 8.2 Months in March

Washington, DC, April 17, 2024—Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023.

Economists Raising Expectations for U.S. Economy

Economists Raising Expectations for U.S. Economy

New York, NY, April 17, 2024—"The Wall Street Journal’s latest quarterly survey of business and academic economists shows forecasters ratcheting up their expectations for economic growth, inflation and the level of future interest rates.

Mortgage Applications Rose 3.3% in Week Ending April 12

Mortgage Applications Rose 3.3% in Week Ending April 12

Washington, DC, April 17, 2024-Mortgage applications increased 3.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 12, 2024.