Today's 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.

July Home Prices Up 6.9% YOY, CoreLogic   Full Article
Irvine, CA, September 2, 2015—U.S. home prices nationwide, including distressed sales, increased by 6.9% in July 2015 compared with July 2014, according to CoreLogic’s July 2015 Home Price Index.

Construction Spending Rose 0.7% in July, 13.7% YOY   Full Article
Washington, DC, September 1, 2015—Construction spending during July was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7% above the revised June estimate, according to the The U.S. Census Bureau.

Fewer than Half of U.S. Metro Areas Added Jobs Between July '14 and '15   Full Article
Arlington, VA, September 2, 2015—Construction employment increased in fewer than half of the nation's metro areas between July 2014 and July 2015, according to the Associated General Contractors of America.

August PMI Fell Slightly, Says the Institute of Supply Management   Full Article
Tempe, Arizona, September 1, 2015—The August Purchasing Managers' Index (PMI) registered 51.1%, a decrease of 1.6 percentage points from the July reading of 52.7%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

New Software System Determines What Retail Customers Want to Buy   Full Article
Cambridge, MA, September 1, 2015—Two Massachusetts Institute of Technology professors have developed a software system called Celect that analyzes a store’s sales and inventory data to determine which products customers want to buy.

Details of Distribution Management University Announced   Full Article
Chicago, IL, September 1, 2015—The 2015 Distribution Management University will be held in conjunction with the NAFCD + NBMDA Annual Convention on November 3 from 8:00 a.m. to 5:00 p.m. at the Hilton Orlando in Orlando, Florida.

Housing Cycles Have Lengthened   Full Article
Alexandria, VA, August 31, 2015—Housing market pricing cycles—normal, boom and bust phases—have become longer over the last four decades, according to statistical analysis of data from 20 industrial countries covering the period 1970 to 2012.

August Consumer Sentiment Down Due to Stock Market Decline   Full Article
Ann Arbor, MI, August 31, 2015—The final result for consumer sentiment in August was 91.9, down 1.3% from July’s reading of 93.1.

Oil Futures Rise by Largest One-Day Gain Since 2009   Full Article
Geneva, CH, August 31, 2015—Oil futures rose by more than 10% on August 27, according to Marketwatch, the largest one-day gain since 2009.

Houzz Releases 2015 U.S. Bedroom Trends Survey   Full Article
Palo Alto, CA, August 28, 2015—Houzz has released the 2015 U.S. Bedroom Trends Survey, which found that 38% of survey participants listed hardwood as the top flooring choice for their master bedroom, while another 30% listed carpet.