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Industry News

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.

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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.

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Housing Starts Declined 14.7% in March, Down 4.3% YOY

Washington, DC, April 16, 2024- Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000, 14.7% below the revised February estimate of 1,549,000 and is 4.3% below the March 2023 rate of 1,380,000, according to the U.S. Census Bureau.

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Recent Industry Events

Interviews

Brett Miller Discusses His Consumer Advice for Selecting the Right Floorcovering

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Brian Carson Discusses AHF Products Acquisition of Two Sawmills in W.V.

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Michael Martin Discusses Health of Wood Flooring Business and Upcoming NWFA Expo

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Paul Murfin Discusses his New Role with SamplesApp

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Joe Scanlin Discusses how Scanalytics Tech. can be Integrated with Floors to Reduce Bldg. Emission

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