Producer Prices Flat in February
Washington, DC, March 13, 2025—The Producer Price Index for final demand was unchanged in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
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Dodge Momentum Index Rose 0.7% in February
Boston, MA, March 13, 2025—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 0.7% in February to 225.6 (2000=100) from the revised January reading of 223.9. Over the month, commercial planning increased 3.3% while institutional planning fell 4.6%.
Reddi Acquires Great American Hardwood Flooring of Wichita
Wichita, KS, March 13, 2025—Reddi has acquired Great American Hardwood Flooring, both based in Wichita, Kansas.
Consumers of All Income Levels Impacted by Economic Stress
New York, NY, March 13, 2025-"American consumers have had a lot to fret about so far this year, between never-ending tariff headlines, stubborn inflation and most recently, fresh fears about a recession. These concerns seem to be hitting spending by both rich and poor, across necessities and luxuries, all at once,” reports the Wall Street Journal.
Initial Jobless Claims Declined by 2,000 in Week Ending March 8
Washington, DC, March 13, 2025—In the week ending March 8, the advance figure for seasonally adjusted initial claims was 220,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
CTI Holds First Women-Only Hands-On Exam
Jackson, MS, March 13, 2025—On March 8, in honor of International Women’s Day, 12 women tile installers gathered at Carpet & Tile Warehouse in Vero Beach, Florida, to take part in the first-ever all-women Certified Tile Installer (CTI) hands-on exam.
Consumer Prices Up 2.8% in February, Driven by Shelter Inflation
Washington, DC, March 12, 2025-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% on a seasonally adjusted basis in February, after rising 0.5% in January, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Rose 11.2% in Week Ending March 7
Washington, DC, March 12, 2025-Mortgage applications increased 11.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 7, 2025.
Construction Job Openings Up 31,000 to 236,000 in Jan., Down YOY
Washington, DC, March 12, 2025-The construction industry had 236,000 job openings on the last day of January, according to an Associated Builders and Contractors analysis of data released in the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Mohawk Research Reveals Consumer Carpet Purchase Trends
Calhoun, GA, March 12, 2025—Sixty-eight percent of purchase intenders plan to install wall-to-wall carpet in their bedrooms while 34% plan to place carpet in family rooms, according to a recent Mohawk brand tracking study.