Apartment Demand Surged in Second Quarter
Walnut Creek, CA, July 18, 2016—Demand for U.S. rental apartments surged during the second quarter, gaining momentum after a sluggish performance in the first quarter of the year, reports RealPage.
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 Down One Point in June, Remains Positive
Washington, DC, July 18, 2016—Builder confidence in the market for newly built, single-family homes in July fell one point to 59 from a June reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released.
Coverings Hires Taffy Event Strategies to Manage Show
Arlington, VA, July 18, 2016—Coverings, the largest international tile and stone show in North America, has appointed Taffy Event Strategies as its show management company.
Senate Passes Housing Opportunity Through Modernization Act of 2016
Washington, DC, July 18, 2016—The National Association of Home Builders (NAHB) commended Senate passage of the Housing Opportunity Through Modernization Act of 2016.
Consumer Price Index Rose by 0.2% in June
Washington, DC, July 15, 2016—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in June, the U.S. Bureau of Labor Statistics has reported.
June Retail & Food Sales Rose 0.6%, According to Advance Estimate
Washington, DC, July 15, 2016—Advance estimates of U.S. retail and food services sales for June were $457.0 billion, an increase of 0.6% from the previous month and 2.7% above June 2015, according to the U.S. Census Bureau.
Armstrong Flooring Moving from Direct to Distribution in Servicing CCA
Lancaster, PA, July 15, 2016—Working in concert with CCA leadership, Armstrong Flooring (AFI) has made the decision to conclude the CCA direct program and return the sales and service of the CCA dealer network to our distribution partners.
Distributive Trade Sales & Manufacturers Shipments Up 0.2% in May
Washington, DC, July 15, 2016—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,291.8 billion, up 0.2% from April 2016, but was down 1.4% from May 2015, the U.S. Census Bureau announced.
Solid Hardwood Manufacturer Aacer Adding Engineered to its Offering
Peshtigo, WI, July 15, 2016—Aacer Flooring has announced that it is expanding its manufacturing operation and will soon be producing northern hardwood engineered flooring.
Consumer Sentiment Fell 4.3% in July, According to Preliminary Results
Ann Arbor, MI, July 15, 2016—Consumer sentiment fell to 89.5 in July, 4.3% below June’s 93.5, according to preliminary results from the University of Michigan’s Survey of Consumers.