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.
Washington, DC, May 12, 2023-National Association of Realtors chief economist Lawrence Yun said the Federal Reserve's most recent rate hike was unnecessary, and he expects the Fed will stop raising interest rates further, during the "Residential Economic Issues & Trends Forum" at NAR's 2023 Realtors Legislative Meetings.
Washington, DC, May 12, 2023—Prices for U.S. imports increased 0.4% in April following a 0.8% decline in March, the U.S. Bureau of Labor Statistics reported.
Washington, DC, May 12, 2023—Half of payroll workers in construction earn more than $54,540 and the top quartile (top 25%) make at least $77,030, according to the latest Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) and analysis by NAHB.
Chattanooga, TN, May 12, 2023—Alliance Flooring has formed a new partnership with Mobile Marketing.
Washington, DC, May 11, 2023—The Producer Price Index for final demand advanced 0.2% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
New York, NY, May 11, 2023—"Job satisfaction hit a 36-year high in 2022, reflecting two effects of the tight pandemic labor market: The quality of jobs improved as wages and work flexibility increased, and workers moved into positions that were a better fit,” reports the Wall Street Journal.
Atlanta, GA, May 11, 2023—Floor & Decor has opened its 200th location, with the addition of its newest store in Metairie, Louisiana.
Washington, DC, May 11, 2023-In the week ending May 6, the advance figure for seasonally adjusted initial claims was 264,000, an increase of 22,000 from the previous week's unrevised level of 242,000, according to the Department of Labor.
Lyndhurst, NJ, May 11, 2023—Sika is introducing the STEP Series flooring installation solution training curriculum. STEP stands for Sika Secure Technical Education Program.
Washington, DC, May 10, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in April on a seasonally adjusted basis, after increasing 0.1% in March, the U.S. Bureau of Labor Statistics reported.