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.

Builder Confidence Falls Two Points in June

Builder Confidence Falls Two Points in June

Washington, DC, June 18, 2018—Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Construction Employment Rose in 42 States & DC in May YOY

Construction Employment Rose in 42 States & DC in May YOY

Washington, DC, June 18, 2018—Forty-two states and the District of Columbia added construction jobs between May 2017 and May 2018, while 28 states added construction jobs between April and May, according to an analysis by the Associated General Contractors of America of Labor Department data.

30%+ of Multifam Development Cost Due to Regulation, Says NAHB

30%+ of Multifam Development Cost Due to Regulation, Says NAHB

Washington, DC, June 15, 2018—Regulation imposed by all levels of government accounts for an average of 32.1% of multifamily development costs, according to new research released today by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC).

Interface to Acquire Nora

Interface to Acquire Nora

Atlanta, GA, June 14, 2018—Interface has signed a definitive agreement to acquire Nora Systems in a stock purchase transaction valued at approximately $420 million.

Retail Sales Rose 5.9% YOY in May

Retail Sales Rose 5.9% YOY in May

Washington, DC, June 14, 2018—Advance estimates of U.S. retail and food services sales for May 2018 were $502.0 billion, an increase of 0.8% from the previous month, and 5.9% above May 2017, according to the U.S. Census Bureau.