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.

Industrial Production Slipped 0.3% in December

Industrial Production Slipped 0.3% in December

Washington, DC, January 17, 2020-Industrial production declined 0.3% in December, as a decrease of 5.6% for utilities outweighed increases of 0.2% for manufacturing and 1.3% for mining, reports the Federal Reserve.

Builder Confidence Rises One Point to 75 in January

Builder Confidence Rises One Point to 75 in January

Washington, DC, January 16, 2020—Builder confidence in the market for newly-built single-family homes edged one point lower to 75 in January, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

December Retail Sales Up 5.8% YOY

December Retail Sales Up 5.8% YOY

Washington, DC, January 16, 2020-Advance estimates of U.S. retail and food services sales for December 2019 were $529.6 billion, an increase of 0.3% from the previous month, and 5.8% above December 2018, according to the U.S. Census Bureau.

Renovation Spending Expected to Rise 1.5% in '20, Says Harvard Study

Renovation Spending Expected to Rise 1.5% in '20, Says Harvard Study

Cambridge, MA, January 16, 2020-National spending for improvements and repairs on owner-occupied homes is expected to rise only modestly this year, 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.