Today's Flooring News

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Builder Confidence Index Hit All-Time High of 85 in October

Builder Confidence Index Hit All-Time High of 85 in October

Washington, DC, October 19, 2020—In a further show of strength for the housing sector, builder confidence in the market for newly-built single-family homes increased two points to 85 in October, further surpassing the previous all-time high of 83 recorded in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).

Remodeler Index Hits 82 in Q3, Says NAHB

Remodeler Index Hits 82 in Q3, Says NAHB

Washington, DC, October 16, 2020-The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) in the third quarter of 2020, posting a reading of 82.

Retail Sales Rose 1.9% in September

Retail Sales Rose 1.9% in September

Washington, DC, October 16, 2020—Advance estimates of U.S. retail and food services sales for September 2020 were $549.3 billion, an increase of 1.9% from the previous month and 5.4% above September 2019, according to the U.S. Census Bureau.

Trade Inventories Rose 0.6% in August

Trade Inventories Rose 0.6% in August

Washington, DC, October 16, 2020—The combined value of distributive trade sales and manufacturers’ shipments for August was estimated at $1,452.4 billion, up 0.6% from July 2020, but was down 0.4% from August 2019, according the U.S. Census Bureau.