Today's Flooring News

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Home Depot Sales Rose 9.8% in Q3, Earnings Up 20.3%

Home Depot Sales Rose 9.8% in Q3, Earnings Up 20.3%

Atlanta, GA, November 16, 2021-The Home Depot reported sales of $36.8 billion for Q3 2021, an increase of 9.8% from Q3 2020’s $33.5 billion. Comparable sales for Q3 2021 increased 6.1%, and comparable sales in the U.S. increased 5.5%.

Builder Sentiment Rose 3 Points to 83 in November

Builder Sentiment Rose 3 Points to 83 in November

Washington, DC, November 16, 2021-Builder sentiment in the market for newly built single-family homes moved three points higher to 83 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Import Prices Rose 1.2% in October

Import Prices Rose 1.2% in October

Washington, DC, November 16, 2021-U.S. import prices rose 1.2% in October following a 0.4% advance in September, the U.S. Bureau of Labor Statistics reported.

Industrial Production Rose 1.6% in October

Industrial Production Rose 1.6% in October

Washington, DC, November 16, 2021-Industrial production rose 1.6% in October after falling 1.3% in September; about half of the gain in October reflected a recovery from the effects of Hurricane Ida, according to the Federal Reserve.

Despite Headwinds, First-Time Homebuyers Rose to 34%

Despite Headwinds, First-Time Homebuyers Rose to 34%

Washington, DC, November 15, 2021-Despite the highest home prices ever, fierce competition, and a nationwide housing shortage, more first-time buyers become homeowners during the Covid-19 pandemic, reports the National Association of Realtors