Consumer Confidence in January Reaches 12-Year High
Ann Arbor, MI, January 27, 2017—Consumer sentiment closed January at 98.5, rising 0.3% over December’s 98.2 rate.
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.
GDP Rose 1.9% in Q4 2016, According to Early Estimate
Washington, DC, January 27, 2017—Real gross domestic product (GDP) increased at an annual rate of 1.9% in the fourth quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis.
Orders for Durable Goods Fell 0.4% in December
Washington, DC, January 27, 2017—New orders for manufactured durable goods in December decreased $1.0 billion or 0.4% to $227.0 billion, the U.S. Census Bureau has announced.
ITC Releases Report on Chinese Hardwood Plywood Imports
Washington, DC, January 27, 2017—The U.S. International Trade Commission has released its 153-page report on Chinese hardwood plywood imports into the U.S., reports the Hardwood Plywood & Veneer Association.
Single-Family Home Sales Fell in Dec., But Annual Sales Rose 12.2%
Washington, DC, January 26, 2017—Sales of new single-family houses in December 2016 were at a seasonally adjusted annual rate of 536,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
NALFA Announces New Leadership Structure
Washington, DC, January 26, 2017—The North American Laminate Flooring Association (NALFA) has announced a new leadership structure.
Home Prices Rose 6.1% YOY in November, Says FHFA
Washington, DC, January 26, 2017—The FHFA House Price Index reported a 0.5% increase in U.S. house prices in November from the previous month.
Dr. Bernard Gustin to Retire from Latricrete Board
Bethany, CT, January 26, 2017—Laticrete has announced that Dr. Bernard Gustin is retiring from the board of directors after 25 years of dedicated service.
Karndean Designflooring Holds Benefit for Wounded Warrior Project
Export, PA, January 26, 2017—Karndean Designflooring held a charity event in Las Vegas, Nevada on January 17 to raise funds for the Wounded Warrior Project.
2016 Existing-Home Sales Mark Highest Rate in a Decade
Washington, DC, January 24, 2017—Total existing-home sales finished 2016 at 5.45 million sales and surpassed 2015 (5.25 million) as the highest since 2006 (6.48 million), according to the National Association of Realtors. This marks the best year in a decade.