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Industry News

May Housing Starts Up 50.3% YOY

Washington, DC, June 16, 2021—Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,572,000. This is 3.6% above the revised April estimate of 1,517,000 and is 50.3% above the May 2020 rate of 1,046,000.

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America in Dire Need of Affordable Housing, Says NAR

Washington, DC, June 16, 2021—Decades of underinvestment and underbuilding have created a shortage of housing in America that is more dire than previously expected and will require a concerted, long-term nationwide commitment to overcome, according to a new report released today by the National Association of Realtors and authored by the Rosen Consulting Group.

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JCHS Releases 2021 State of the Nation's Housing Report

Cambridge, MA, June 16, 2021—As the U.S. economy continues to recover from the effects of the pandemic, households that weathered the crisis without financial distress are snapping up the limited supply of homes for sale, pushing up prices and further excluding less affluent buyers from homeownership.

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Coverings Offers Preview of Show Exhibitors

Arlington, VA, June 16, 2021––Coverings has released a select preview of new tile and stone products, and a sneak peek of installation materials and tools, that will be unveiled at Coverings 2021, which will take place July 7-9 in Orlando, Florida in the North Hall of the Orange County Convention Center (OCCC).

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Import Prices Rose 1.1% in May

Washington, DC, June 16, 2021—Prices for U.S. imports increased 1.1% in May, after a 0.8% advance the previous month, the U.S. Bureau of Labor Statistics reported.

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FCEF Meets with Key Stakeholders to Address Installer Crisis

Dalton, GA, June 16, 2021-During its first in-person board meeting with new executive director Jim Aaron at the helm, the Floor Covering Education Foundation (FCEF) brought together representatives from all aspects of the flooring industry-trade organizations, suppliers, training professionals and retailers-to address the installer crisis.

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Recent Industry Events

Interviews

Keith Hughes Discusses Recent Dip in Stock Values and Long View on Flooring Industry Growth

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Doug Chadderdon Discusses Great Floors' Decision to Join Artisan Design Group

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John Stephens Discusses His New Consumer Focused Marketing Role at Shaw Industries

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Rick Murray Discusses Rusmur Floors' Alignment with Dal-Tile's Statements Program

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Jason Waggoner Discusses ICC's Participation in Dal-Tile's Statement Program

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