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Housing Starts Up 4.6% in June

Washington, DC, July 18, 2025-Privately owned housing starts in June were at a seasonally adjusted annual rate of 1,321,000, according to the U.S. Census Bureau. This is 4.6% above the revised May estimate of 1,263,000, but is 0.5% below the June 2024 rate of 1,327,000.

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Slower Growth Projected for Remodeling into Next Year

Cambridge, MA, July 18, 2025-Annual expenditures for improvements and maintenance to owner-occupied homes are expected to soften in 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released this week by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

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Builder Confidence Up in July

Washington, DC, July 17, 2025-Builder confidence for future sales expectations received a slight boost in July with the passage of the One Big Beautiful Bill Act, but elevated interest rates and economic and policy uncertainty continue to act as headwinds for the housing sector, according to the National Association of Home Builders.

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U.S. Jobless Claims Fall for Fifth Week

Washington, DC, July 17, 2025-Initial claims for unemployment benefits in the U.S. totaled 221,000 for the week ending July 12, a decrease of 7,000 from the previous week's revised level of 228,000, according to the Department of Labor.

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U.S. Retail Sales Rise 0.6% in June

Washington, D.C., July 17, 2025-U.S. retail and food services sales reached $720.1 billion in June 2025, according to advance estimates from the U.S. Census Bureau. That’s a 0.6% increase from May 2025 and a 3.9% gain compared to June 2024.

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Recent Industry Events

Interviews

Hector Narvaez Discusses Takeaways from Flooring Sustainability Summit in D.C.

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Sunil Palakodati Discusses Artivo Surfaces Acquisition of the Walker Zanger & Anthology Brands

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Bill Griese Discusses Highlights of this Weeks Flooring Sustainability Summit in Washington

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Jim Lloyd Discusses Cornerstone's Acquisition of Craft Croswell

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Miller McNamara Discusses Growth at Jimmy Lyle's Flooring Gallery

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