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.

Q1 NAHB Remodeling Market Index Jumped 38 Points YOY

Q1 NAHB Remodeling Market Index Jumped 38 Points YOY

Washington, DC, April 9, 2021—The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) in Q1 2021, posting a reading of 86, up 38 points from the first quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets, for projects of all sizes.

William Giles Named to Floor & Decor Board of Directors

William Giles Named to Floor & Decor Board of Directors

Atlanta, GA, April 9, 2021—Floor & Decor Holdings announced that William T. Giles, former chief financial officer and executive vice president of AutoZone, has been appointed to Floor & Decor’s board of directors and as chairperson of its audit committee, effective April 15.

Producer Prices Rose 1.0% in March

Producer Prices Rose 1.0% in March

Washington, DC, April 9, 2021—The Producer Price Index for final demand increased 1.0% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

First-time Homebuyers Account for 43% of New Home Market

First-time Homebuyers Account for 43% of New Home Market

Washington, DC, April 8, 2021-First-time homebuyers account for almost half (43%) of the new home market in 2021, up from 32% in 2018, according to recent data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Retail Import Surge Expected to Continue Though Summer

Retail Import Surge Expected to Continue Though Summer

Washington, DC, April 8, 2021—The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.