Consumer Sentiment Rose 1.9% to 86.5 in Early April
Ann Arbor, MI, April 16, 2021—Consumer sentiment rose 1.9% to 86.5 in early April, according to preliminary results from the University of Michigan Survey of Consumers.
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Builder Confidence Rose 1 Point to 83 in April
Washington, DC, April 16, 2021—Strong buyer demand pushed builder confidence up in April even as builders continued to grapple with rising lumber prices and supply chain issues and consumers faced higher home prices due to a lack inventory.
Dodge Momentum Index Rose 1.7% in March
Hamilton, NJ, April 16, 2021—The Dodge Momentum Index moved 1.7% higher in March to 151.4 (2000=100) from the revised February reading of 148.8.
Remodeling Activity Expected to Continue into 2022
Cambridge, MA, April 15, 2021—Growth in improvement and repair expenditures to owner-occupied homes is expected to remain solid throughout the year and into 2022, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
LifeProof Vinyl, Using I4F Lock, Earns Home Depot Innovation Nod
Atlanta, GA, October 23, 2017-LifeProof Vinyl Plank Flooring, using I4F technology, was named the winner of Home Depot’s 2017 Innovation Award.
March Retail Sales Up 9.8% from February, Up 27.7% YOY
Washington, DC, April 15, 2021-Advance estimates of U.S. retail and food services sales for March 2021 were $619.1 billion, an increase of 9.8% from the previous month and 27.7% above March 2020, according to the U.S. Census Bureau.
Bona Releases 2020 Sustainability Report
Malmo, Sweden, April 15, 2021-Bona released the results of its 2020 Sustainability Report.
Jobless Claims Decreased by 193K to 576K in Second Week of April
Washington, DC, April 15, 2021—In the week ending April 10, the advance figure for seasonally adjusted initial claims was 576,000, a decrease of 193,000 from the previous week's revised level, according to the Department of Labor.
Välinge Adds 4 Distributors to Represent Its Wood Flooring
Viken, Sweden, April 15, 2021-Välinge Innovation announced that several U.S. distributors have signed up to offer its Välinge Flooring Hardened Wood Floor collection across North America.
Industrial Production Increased 1.4% in March
Washington, DC, April 15, 2021—In March, total industrial production increased 1.4%, according to the Federal Reserve.