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.
New York, NY, May 17, 2023—"When average city office-occupancy rates at the start of the year surpassed 50% for the first time during the pandemic, many landlords viewed this milestone as a sign that employees were finally resuming their former work habits,” reports the Wall Street Journal.
Washington, DC, May 17, 2023—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 12, 2023.
Atlanta, GA, May 16, 2023-The Home Depot reported sales of $37.3 billion for Q1 2023, a decrease of 4.2% from Q1 2022’s $38.9 billion.
Washington, DC, May 16, 2023—Builder confidence in the market for newly built single-family homes in May rose five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Washington, DC, May 16, 2023—Advance estimates of U.S. retail and food services sales for April 2023 were $686.1 billion, up 0.4% from the previous month, and up 1.6% above April 2022, according to the U.S. Census Bureau.
New York, NY, May 16, 2023—The Quarterly Report on Household Debt and Credit shows an increase in total household debt in Q1 2023, increasing by $148 billion (0.9%) to $17.05 trillion, according to the Federal Reserve Bank of New York's Center for Microeconomic Data.
Washington, DC, May 16, 2023—Industrial production rose 0.5% in April after moving sideways the previous two months, according to the Federal Reserve.
Charlotte, NC, May 16, 2023—Analyst Stump & Co. reports on HD Expo, “Las Vegas delivered a huge win for the hospitality industry last week, with over 10,000 attendees at the Mandalay Bay Convention Center for the annual HD (Hospitality & Design) Expo.
Washington, DC, May 16, 2023—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,790.8 billion, down 1.1% from February 2023 and was down 0.3% from March 2022, according to the U.S. Census Bureau.
Chicago, IL, May 16, 2023— To simplify transportation between the Merchandise Mart and the Fulton Design District, a complementary round-trip shuttle will run between the two sites, clearly marked with Design Days branding.