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.

Jobless Claims Hit Lowest Level Since Pandemic Began

Jobless Claims Hit Lowest Level Since Pandemic Began

Washington, DC, May 13, 2021-In the week ending May 8, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 34,000 from the previous week's revised level, according to the Department of Labor. This is the lowest level for initial claims since March 14, 2020 when it was 256,000.

Consumer Price Index Rose 0.8% in April

Consumer Price Index Rose 0.8% in April

Washington, DC, May 12, 2021-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8% in April on a seasonally adjusted basis after rising 0.6% in March, the U.S. Bureau of Labor Statistics reported.

Construction Employment Continues to be Constrained  in April

Construction Employment Continues to be Constrained in April

Washington, DC, May 12, 2021-Construction employment was unchanged from March to April as nonresidential contractors and homebuilders alike struggled to obtain materials and find enough workers, according to an analysis by the Associated General Contractors of America of government data.

Kitchen & Bath Market Index Hit Record High in Q1

Kitchen & Bath Market Index Hit Record High in Q1

Hackettstown, NJ, May 11, 2021-The Q1 2021 Kitchen & Bath Market Index (KBMI) has soared to a rating 79.8, its highest score since the inception of the index, The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC) reported.