Rent Rates Fell in March for First Time Since Pandemic
New York, NY, April 17, 2023—"Rental prices are easing after years of soaring during the pandemic,” reports the Wall Street Journal.
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.
Bill Griese Named TCNA Deputy Executive Director
Clemson, SC, April 17, 2023-Tile Council of North America (TCNA) announces Bill Griese as the TCNA deputy executive director, effective immediately.
David Burke Named CFO of Virginia Tile
Livonia, MI, April 17, 2023—Virginia Tile Company has announced the appointment of David G. Burke as its new chief financial officer (CFO).
Scott Carlson of Legacy Tile Has Died
Wood Dale, IL, April 17, 2023—Scott Carlson, co-founder of Legacy Tile, died April 12 at the age of 45.
Former Alabama Lawmaker Convicted of Stealing from Weiss Flooring
Montgomery, AL, April 17, 2023—Court records show that an Alabama jury convicted former state Rep. Will Dismukes of first-degree theft for taking property valued at over $2,500 from his former employer, Weiss Flooring, reports WVTM 13.
Remodeling Market Index Rose 1 Point to 70 in Q1
Washington, DC, April 14, 2023—The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 70, edging up one point compared to the previous quarter.
Retail Sales Declined 1.0% in March, Up 2.9% YOY
Washington, DC, April 14, 2023—Advance estimates of U.S. retail and food services sales for March 2023 were $691.7 billion, down 1.0% from the previous month, but up 2.9% above March 2022, according to the U.S. Census Bureau.
Consumer Sentiment Rose 2.4% in Early April
Ann Arbor, MI, April 14, 2023-Consumer sentiment rose 2.4% in early April, according to preliminary results from the University of Michigan Survey of Consumers.
Value of Construction Starts Expected to Flatten in 2023
Washington, DC, April 14, 2023—The value of construction starts will flatten in 2023, said chief economist Richard Branch, in his keynote speech at the Dodge annual Outlook 2023 event.
Import Prices Declined 0.6% in March, Export Prices Down 0.3%
Washington, DC, April 14, 2023—U.S. import prices decreased 0.6% in March following a 0.2% decline in February, the U.S. Bureau of Labor Statistics reported.