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.

Housing Affordability Declined in Q1

Housing Affordability Declined in Q1

Washington, DC, May 8, 2020-Surging job losses in March stemming from the COVID-19 pandemic contributed to a decline in U.S. median income and housing affordability in the first quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).

Wholesaler Sales Slid 5.2% in March

Wholesaler Sales Slid 5.2% in March

Washington, DC, May 8, 2020-March 2020 sales of merchant wholesalers were $475.0 billion, down 5.2% from the revised February level and were down 5.2% from the revised March 2019 level, according to the U.S. Census Bureau.

Productivity Decreased 2.5% in Q1

Productivity Decreased 2.5% in Q1

Washington, DC, May 7, 2020—Nonfarm business sector labor productivity decreased 2.5% in the first quarter of 2020, the U.S. Bureau of Labor Statistics reported, as output decreased 6.2% and hours worked decreased 3.8%.