Today's Flooring 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.

Builder Confidence Fell Two Points to 67 in May

Builder Confidence Fell Two Points to 67 in May

Washington, DC, June 15, 2017— Builder confidence in the market for newly-built single-family homes weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Industrial Production Flat in May

Industrial Production Flat in May

Washington, DC, June 15, 2017—Industrial production was unchanged in May following a large increase in April and smaller increases in February and March.

President of Surya Named EY Entrepreneur of the Year Southeast

President of Surya Named EY Entrepreneur of the Year Southeast

Cartersville, GA, June 14, 2017—Satya Tiwari, president of Surya, was presented with the EY Entrepreneur Of The Year 2017 Award in the Family Business category in the Southeast at a special gala event at the College Football Hall of Fame in Atlanta on June 8.

May Retail Sales Fell 0.3% from April, but Up 3.8% YOY

May Retail Sales Fell 0.3% from April, but Up 3.8% YOY

Washington, DC, June 14, 2017—Advance estimates of U.S. retail and food services sales for May 2017 were $473.8 billion, a decrease of 0.3% from the previous month, and 3.8% above May 2016, according to the Commerce Department.

Consumer Prices Fell 0.1% in May

Consumer Prices Fell 0.1% in May

Washington, DC, June 14, 2017—The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1% in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.

Distributive Trade Sales & Manufacturers' Shipment Flat in May

Distributive Trade Sales & Manufacturers' Shipment Flat in May

Washington, DC, June 14, 2017—The combined value of distributive trade sales and manufacturers’ shipments for April was estimated at $1,352.0 billion, virtually unchanged from March 2017, but was up 5.6% from April 2016, according to the Commerce Department.