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.

Builder Confidence Rose by Seven Points to 37 in May

Builder Confidence Rose by Seven Points to 37 in May

Washington, DC, May 18, 2020—In a signal that the housing market is showing signs of stabilizing and gradually moving forward in the wake of the COVID-19 pandemic, builder confidence in the market for newly-built single-family homes increased seven points to 37 in May, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Consumer Sentiment Inched Up in Early May

Consumer Sentiment Inched Up in Early May

Ann Arbor, MI, May 18, 2020—Consumer sentiment rose 2.6% to 73.7 in early May from April’s 71.8 rate, according to preliminary results from the University of Michigan Survey of Consumers.

Starnet Elects Officers

Starnet Elects Officers

Columbus, OH, April 18, 2020-On May 8, Starnet Worldwide Commercial Flooring Partnership held a virtual shareholder meeting for its voting stockholders of record.

GA Association of Manufacturers Elects Officers & Board Members

GA Association of Manufacturers Elects Officers & Board Members

Atlanta, GA, May 18, 2020—The members of the Georgia Association of Manufacturers (GAM) and The Manufacturers Education Foundation (MEF) each elected new officers and board members at the 120th Annual Meeting of GAM and the 77th Annual Meeting of MEF, held via virtual videoconference for the first time in the Association’s 120-year history on May 1.

Retail Sales Slid 16.4% in April

Retail Sales Slid 16.4% in April

Washington, DC, May 15, 2020—Advance estimates of U.S. retail and food services sales for April 2020 were $403.9 billion, a decrease of 16.4% from the previous month, and 21.6% below April 2019, according to the U.S. Census Bureau.

Industrial Production Posted Largest Drop Ever in April

Industrial Production Posted Largest Drop Ever in April

Washington, DC, May 15, 2020—Total industrial production fell 11.2% in April for its largest monthly drop in the 101-year history of the index, as the COVID-19 (coronavirus disease 2019) pandemic led many factories to slow or suspend operations throughout the month, according to the Federal Reserve.

Job Separations Hit Series High in March

Job Separations Hit Series High in March

Washington, DC, May 15, 2020—The number of total separations increased by 8.9 million to a series high of 14.5 million in March, the U.S. Bureau of Labor Statistics reported.