Bedding Sales Down 5.4% in 2018
Alexandria, VA, February 18—The domestic bedding industry was down sharply in the fourth quarter with some double-digit declines, and finished the year in negative territory, an industry report says.
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.
Dal-Tile Featuring Spring Roll-Outs at KBIS
Las Vegas, NV, February 20, 2019-Daltile is featuring many of its new spring 2019 collections and line extensions this week at the International Builders’ Show in Las Vegas, Nevada in the Daltile booth.
China - US Trade Negotiations Positively Impact Global Stocks
New York, NY, February 18-Global stocks rose Monday as investors eyed the next steps in the U.S.-China trade negotiations, reports the Wall Street Journal.
Consumer Sentiment Rose 4.7% in Early February
Ann Arbor, MI, February 15, 2019—Consumer sentiment rose 4.7% to 95.5 in early February, according to preliminary results from the University of Michigan Survey of Consumers.
Fixed-Rate Mortgages Fall to 12-Month Low
McLean, VA, February 15, 2019—Fixed-rate mortgages fell to the lowest levels since early 2018, according to Freddie Mac’s Primary Mortgage Market Survey.
NeoCon Expands Education Program, Offers Full Listing
Chicago, IL, February 15, 2019—The 51st edition of NeoCon, June 10 to 12, will deliver an multidisciplinary offering of over 100CEU seminars from some of the most influential voices in the industry.
Housing Affordability Remained at Decade Low in Q4
Washington, DC, February 15, 2018—A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in Q4 2018 and still hovering at a ten-year low, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).
Study Reveals Hardwood Industry's Contribution to Economy
Sterling, VA, February 15, 2019-A new study shows that the U.S. hardwood forest products industry employs over 1.8 million people and contributes $348 billion to the U.S. economy, according to the Decorative Hardwoods Association.
Industrial Production Fell 0.6% in January
Washington, DC, February 15, 2019—Industrial production decreased 0.6% in January after rising 0.1% in December, according to the Federal Reserve.
Import Prices Dropped 0.5% in January
Washington, DC, February 15, 2019—U.S. import prices fell 0.5% in January, the U.S. Bureau of Labor Statistics reported.