Dodge Momentum Index Rose 6% to 164.8 in April
Hamilton, NJ, May 16, 2022—The Dodge Momentum Index (DMI) moved 6% higher in April to 164.8 (2000=100), up from the revised March reading of 155.0.
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.
ITR Economics Optimistic on Continued Growth in Commercial Sector
Colorado Springs, CO, May 16, 2022-At the Starnet meeting in Colorado Springs, Alan Beaulieu of ITR Economics reported that the non-residential flooring market will remain strong through the middle of 2023.
HMTX's Arthur Clarke Named ILFI Living Future Hero
Norwalk, CT, May 16, 2022 – HMTX director of sustainability and impact Arthur Clarke was named a Living Future Hero by the International Living Future Institute (ILFI) during a virtual award ceremony at the Living Future 2022 conference on May 13.
Passenger Who Landed Plane Is VP of Florida Flooring Firm
Lakeland, FL, May 16, 2022—The passenger who jumped in to fly and land a plane at Palm Beach International Airport after the pilot collapsed is Darren Harrison, vice president of Sunshine Interiors, a flooring business in Lakeland, Florida.
Starnet 2022 Annual Meeting Underway Now in Colorado Springs
Denver, CO, May 13, 2022-The Starnet annual meeting began last night in Colorado Springs, Colorado. The event is taking place at the Broadmoor and running through May 15.
Consumer Sentiment Declined 9.4% in Early May
Ann Arbor, MI, May 13, 2022—Consumer sentiment declined 9.4% in early May to 59.1, according to preliminary results from the University of Michigan Survey of Consumers.
Fewer Than 60% of Homes Affordable at Median Income in Q1
Washington, DC, May 13, 2022—In Q1, 56.9% of new and existing homes sold between the beginning of January and end of March were affordable to families earning the U.S. median income of $90,000, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).
Louisville Tile Names Four Industry Veterans to Leadership Roles
Louisville, KY, May 13, 2022—Louisville Tile (LTD), a 67-year-old, family-owned tile distributor, has recently signed four industry veterans to key positions.
Import Prices Unchanged in April, Export Prices Up 0.6%
Washington, DC, May 13, 2022—U.S. import prices were unchanged in April, after increasing 2.9% in March, the U.S. Bureau of Labor Statistics reported.
Initial Jobless Claims Rose 1K to 203K in Week Ending May 7
Washington, DC, May 12, 2022-In the week ending May 7, the advance figure for seasonally adjusted initial claims was 203,000, an increase of 1,000 from the previous week's revised level, according to the Department of Labor.