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 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

Housing Affordability Steady in Q3 Amid Supply Chain Challenges

Housing Affordability Steady in Q3 Amid Supply Chain Challenges

Washington, DC, November 12, 2021—Only 56.6% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $79,900, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).

Record-High Job Openings Have Persisted Since June

Record-High Job Openings Have Persisted Since June

New York, NY, November 12, 2021—The U.S. economy has had more than 10 million open jobs since June, an extraordinary stretch of imbalance in the labor market that also includes record numbers of workers quitting their jobs, reports the Wall Street Journal.