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.

Inflation Remained Elevated but Stable in July

Inflation Remained Elevated but Stable in July

Washington, DC, August 12, 2021-Inflation remained elevated in July as the economic recovery continued, but prices showed evidence of cooling amid pandemic-related supply problems and signs that the recent rise in coronavirus infections is starting to crimp some business activity, reports the Wall Street Journal.

Consumer Prices Rose 0.5% in July

Consumer Prices Rose 0.5% in July

Washington, DC, August 11, 2021—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% in July on a seasonally adjusted basis after rising 0.9% in June, the U.S. Bureau of Labor Statistics reported.

Mortgage Applications Rose 2.8% in First Week of August

Mortgage Applications Rose 2.8% in First Week of August

Washington, DC, August 11, 2021—Mortgage applications increased 2.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 6, 2021.

Construction Employment Added 11,000 Jobs in July

Construction Employment Added 11,000 Jobs in July

Washington, DC, August 10, 2021—The construction industry added 11,000 jobs between June and July but nonresidential construction employment remains far below pre-pandemic levels, according to an analysis by the Associated General Contractors of America of government data.