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.

Housing Starts Rose 3.9% in July

Housing Starts Rose 3.9% in July

Washington, DC, August 16, 2023—Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,452,000, 3.9% above the revised June estimate of 1,398,000 and is 5.9% above the July 2022 rate of 1,371,000, according to the U.S. Census Bureau.

Industrial Production Rose 1.0% in July

Industrial Production Rose 1.0% in July

Washington, DC, August 16, 2023—In July, total industrial production increased 1.0% following declines in the previous two months, according to the Federal Reserve.

Home Depot Q2 Sales Down 2.0% YOY, Earnings Down 9.9%

Home Depot Q2 Sales Down 2.0% YOY, Earnings Down 9.9%

Atlanta, GA, August 15, 2023-The Home Depot reported Q2 2023 sales of $42.9 billion for the, a decrease of 2.0% from Q2 2022’s $43.8 billion. Comparable sales for Q2 2023 decreased 2.0%, and comparable sales in the U.S. decreased 2.0%.