Consumer Sentiment Down 10.9% in Early April, Down 34.2% YOY
Ann Arbor, MI, April 11, 2025-Consumer sentiment declined 10.9% to 50.8 in early April, according to preliminary results from the University of Michigan Survey of Consumers.
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.
Producer Prices Declined 0.4% in March
Washington, DC, April 11, 2025-- The Producer Price Index for final demand decreased 0.4% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Coverings Names '25 Rock Star Award Winners & Champions
Orlando, FL, April 11, 2025—Coverings has announced 20 honorees across returning and new awards programs, including this year’s Rock Star Award recipients and the inaugural class of Coverings Champions, ahead of the show’s return to the Orange County Convention Center in Orlando, Florida, April 29 to May 2.
Inflation Declined in March with CPI Up 2.4% Annually
Washington, DC, April 10, 2025-The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1% on a seasonally adjusted basis in March, after rising 0.2% in February, the U.S. Bureau of Labor Statistics reported.
Remodeling Activity Declined 5 Points to 63 in Q1
Washington, DC, April 10, 2025—The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q1, posting a reading of 63, down five points compared to the previous quarter.
Dodge Momentum Index Down 6.9% in March
Boston, MA, April 10, 2025-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, receded 6.9% in March to 205.6 (2000=100) from the revised February reading of 220.9. Over the month, commercial planning declined 7.8% while institutional planning fell 5.0%.
Trump Pauses Tariffs for 90 Days, Except on China
New York, NY, April 10, 2025—"The U.S. goods trade deficit was $1.2 trillion in 2024, leading President Trump to announce a broad 10% tariff on nearly every nation and higher ‘reciprocal tariffs’ on countries he cited as ‘bad actors’ as a strategy to narrow the gap,” reports the Wall Street Journal.
Initial Jobless Claims Rose by 4,000 in Week Ending April 5
Washington, DC, April 10, 2025—In the week ending April 5, the advance figure for seasonally adjusted initial claims was 223,000, an increase of 4,000 from the previous week's unrevised level of 219,000, according to the Department of Labor.
Pak-Lite Names DuBoise White President & CEO
Commerce, GA, April 10, 2025—Pak-Lite, Inc., a U.S.-based manufacturer of flooring surface materials, has announced the addition of DuBoise White as president and CEO.
Domotex Asia/Chinafloor Releases Exhibitor List for 2025 Event
Shanghai, China, April 10, 2025—The exhibitor list of Domotex Asia/Chinafloor 2025, scheduled to take place in Shanghai from May 26 to 28, is now available online here.