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.

Home Prices Rose 1% in February, Up 7% YOY

Home Prices Rose 1% in February, Up 7% YOY

Irvine, CA, April 5, 2017—Home prices nationwide, including distressed sales, increased year over year by 7% in February 2017 compared with February 2016 and increased month over month by 1% in February 2017 compared with January 2017, according to the CoreLogic Home Price Index.

Forbo Announces Price Increase

Forbo Announces Price Increase

Hazleton, PA, April 5, 2017–-Forbo Flooring Systems is implementing a 3% price increase on all commercial and residential flooring and sundry products, effective May 1.

Coverings 2017 Starts Today

Coverings 2017 Starts Today

Orlando, FL, April 4, 2017—Coverings, the largest tile show in North American, kicks off today in Orlando, Florida at the Orange County Convention Center.

Orders for Manufactured Goods Up 1.0% in February

Orders for Manufactured Goods Up 1.0% in February

Washington, DC, April 4, 2017—New orders for manufactured goods in February, up seven of the last eight months, increased $4.8 billion or 1.0% to $476.5 billion, the U.S. Census Bureau reported. This followed a 1.5% January increase.

Construction Spending Rose 3.0% YOY in February

Construction Spending Rose 3.0% YOY in February

Arlington, VA, April 4, 2017—Construction spending in February totaled $1.192 trillion at a seasonally adjusted annual rate, up 0.8% from January and 3.0% from the February 2016 level, according to an analysis by the Associated General Contractors of America.

Goods and Services Deficit Declined in February

Goods and Services Deficit Declined in February

Washington, DC, April 4, 2017—The goods and services deficit was $43.6 billion in February, down $4.6 billion from $48.2 billion in January, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced.