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 Market Poised for Strong Spring Home-Buying Season

Housing Market Poised for Strong Spring Home-Buying Season

New York, NY, April 1, 2019-The spring home-buying season is shaping up as the best in years, offering new opportunities after last year’s tough housing market drove away many would-be buyers, according to Wall Street Journal article “A Buyer’s Market? Hopes Rise With Falling Rates, More Homes for Sale” by Laura Kusisto.

Purchasing Managers Index Rose to 55.3% in March

Purchasing Managers Index Rose to 55.3% in March

Tempe, AZ, April 1, 2019—The March Purchasing Managers Index (PMI) registered 55.3%, an increase of 1.1 percentage points from the February reading of 54.2%, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business.

NWFA Participates in World Flooring Forum

NWFA Participates in World Flooring Forum

St. Louis, MO, April 1, 2019—National Wood Flooring Association (NWFA) chairman, Chris Zizza, represented the NWFA with a presentation on wood flooring trends at the fifth World Flooring Forum (WFF) and the 22nd China Flooring Industry Summit Forum.

Consumer Sentiment Up 4.9% in March

Consumer Sentiment Up 4.9% in March

Ann Arbor, MI, March 29, 2019-Consumer confidence rebounded in March to 98.4 from last month's 93.8, slightly above the average of 97.2 recorded in the past 26 months, according to preliminary results from the University of Michigan.

New Home Sales Rose 4.9% in February

New Home Sales Rose 4.9% in February

Washington, DC, March 29, 2019-Sales of new single-family houses in February 2019 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

Q4 GDP Revised Down to 2.2% in Third Estimate

Q4 GDP Revised Down to 2.2% in Third Estimate

Washington, DC, March 28, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.2% in the fourth quarter of 2018, according to the third estimate released by the Bureau of Economic Analysis.