Today's Flooring News

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NAHB Housing Market Index Rises to 90 in November

NAHB Housing Market Index Rises to 90 in November

Washington, DC, November 17, 2020—In another sign that housing continues to lead the economy forward, builder confidence in the market for newly-built single-family homes increased five points to 90 in November, shattering the previous all-time of 85 recorded in October, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).

Retail Sales Rose 5.7% YOY in October

Retail Sales Rose 5.7% YOY in October

Washington, DC, November 17, 2020—Advance estimates of U.S. retail and food services sales for October 2020 were $553.3 billion, an increase of 0.3% from the previous month, and 5.7% above October 2019, according to the U.S. Census Bureau.

Import Prices Inched Down in October

Import Prices Inched Down in October

Washington, DC, November 17, 2020—U.S. import prices edged down 0.1% in October, the U.S. Bureau of Labor Statistics reported, after rising 0.2% the previous month.

Distributor Shipments Rose 0.6% in September

Distributor Shipments Rose 0.6% in September

Washington, DC, November 17, 2020-The combined value of distributive trade sales and manufacturers’ shipments for September was estimated at $1,465.1 billion, up 0.6% from August 2020 and was up 0.8% from September 2019, according to the U.S. Census Bureau.