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.

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.

Residential Remodeling Forecast Turns Positive

Residential Remodeling Forecast Turns Positive

Cambridge, MA, October 15, 2020-Moderate gains in homeowner spending for improvements and repairs are expected through much of next year as initial concerns of a possible pandemic-induced downturn have largely dissipated, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

September Import Prices Rose for Fourth Month

September Import Prices Rose for Fourth Month

Washington, DC, October 15, 2020—Prices for U.S. imports increased 0.3% in September, the U.S. Bureau of Labor Statistics reported, following advances of 1.0% in August, 1.2% in July, and 1.3% in June.