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 Starts Rose 19.4% in March

Housing Starts Rose 19.4% in March

Washington, DC, April 16, 2021—Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau. This is 19.4% above the revised February estimate of 1,457,000 and is 37.0% above the March 2020 rate of 1,269,000.

Builder Confidence Rose 1 Point to 83 in April

Builder Confidence Rose 1 Point to 83 in April

Washington, DC, April 16, 2021—Strong buyer demand pushed builder confidence up in April even as builders continued to grapple with rising lumber prices and supply chain issues and consumers faced higher home prices due to a lack inventory.

Remodeling Activity Expected to Continue into 2022

Remodeling Activity Expected to Continue into 2022

Cambridge, MA, April 15, 2021—Growth in improvement and repair expenditures to owner-occupied homes is expected to remain solid throughout the year and into 2022, 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.

March Retail Sales Up 9.8% from February, Up 27.7% YOY

March Retail Sales Up 9.8% from February, Up 27.7% YOY

Washington, DC, April 15, 2021-Advance estimates of U.S. retail and food services sales for March 2021 were $619.1 billion, an increase of 9.8% from the previous month and 27.7% above March 2020, according to the U.S. Census Bureau.