Today's Flooring News

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April Housing Starts Declined 0.2% from March but Rose 14.6% YOY

April Housing Starts Declined 0.2% from March but Rose 14.6% YOY

Washington, DC, May 18, 2022—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,724,000, 0.2% below the revised March estimate of 1,728,000 but 14.6% above the April 2021 rate of 1,505,000, according to the U.S. Census Bureau.

Retail Sales Strong in April Despite Inflation

Retail Sales Strong in April Despite Inflation

Washington, DC, May 18, 2022—Americans continued to pump money into the U.S. economy in April, with increased retail spending offering the latest sign consumers are driving demand at stores and manufacturers despite the pinch from high inflation, reports the Wall Street Journal.

April Retail Sales Rose 0.9% from March and 8.2% YOY

April Retail Sales Rose 0.9% from March and 8.2% YOY

Washington, DC, May 17, 2022-Advance estimates of U.S. retail and food services sales for April 2022 were $677.7 billion, an increase of 0.9% from the previous month and 8.2% above April 2021, according to the U.S. Census Bureau.