Breaking Flooring News

Single-Family Home Construction Spurred by Covid Has Slowed

Single-Family Home Construction Spurred by Covid Has Slowed

Washington, DC, December 7, 2022—The big jump in single-family home building activity that occurred in the aftermath of the Covid-19 pandemic in large metro outlying counties and exurban areas has shown a marked decline over the past 12 months, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q3 2022.

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Industry News

Declining Home Prices Should Help Ease Inflation

New York, NY, December 7, 2022—"The end is in sight for one of the biggest sources of inflation. Surging housing costs helped keep inflation high this year but have likely already swung into reverse, economists say,” reports the Wall Street Journal.

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Chinese Exports to U.S. Declined 25% YOY in November

New York, NY, December 7, 2022-"Chinese exports fell at the steepest pace in more than two years in November, the latest indication of how the country’s pandemic restrictions and waning global demand for goods is throttling China’s economy,” reports the Wall Street Journal.

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Trade Deficit Widened to $78.2B in October

Washington, DC, December 6, 2022—The goods and services deficit was $78.2 billion in October, up $4.0 billion from $74.1 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

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Interviews

Ashlie Butler Discusses Business Conditions at Bob's Carpet and Flooring in Florida

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Pami Bhullar Discusses New Premier Flooring Center Tools and Tips for Increasing Retail Sales

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Teresa Tran Discusses Shaw Floors' Updated Anso Color Wall

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Ryan Koechel Discusses Floor360's Business Model and Anniversary

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Cathy Buchanan Discusses Store Traffic and Initial Results of Retail 2.0

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