Consumer Sentiment Leaps 7.6% in May, UofM Preliminary Results
Ann Arbor, MI, May 13, 2016—Consumer sentiment rose to 95.8 in May, a 7.6% increase, according to preliminary results from the University of Michigan Survey of Consumers.
Today's Flooring News
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Retail Sales Up 1.3% in April, According to Advance Estimate
Washington, DC, May 13, 2016—Advance estimates of U.S. retail and food services sales for April were $453.4 billion, an increase of 1.3% from the previous month, and 3.0% above April 2015, according to the U.S. Census Bureau.
Producer Price Index Rose 0.2% in April
Washington, DC, May 13, 2016—The Producer Price Index for final demand rose 0.2% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Housing Affordability Posted Gain in Q1
Washington, DC, May 13, 2016—Spurred by a modest reduction in mortgage interest rates and favorable home prices, nationwide housing affordability in the Q1 2016 posted a slight increase, according to the NAHB/Wells Fargo Housing Opportunity Index.
Distributive Trade Sales Up 0.3% in March
Washington, DC, May 13, 2016— The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,289.2 billion, up 0.3% from February 2016 but down 1.7% from March 2015, according to the U.S. Census Bureau.
Designjunction + Dwell on Design Opens Today in NYC
New York, NY, May 13, 2016--Designjunction + Dwell on Design opens today in New York City, featuring cutting-edge design as well as conversation.
Employee of The Flooring Fanatic Accused of Stealing $18,000 from Employer
Cheektowaga, NY, May 13, 2016—Bradley Pilarski, an employee of The Flooring Fanatic in Cheektowaga, New York, is accused of stealing $18,000 from his employer, according to WKBW Buffalo.
Tarkett Partners with Ellen McArthur Foundation, Joining Circular Economy 100
Solon, OH, May 12, 2016—As a follow-up to Tarkett’s sponsorship of C2CPII, the company is partnering with the Ellen McArthur Foundation and joining the Circular Economy 100 USA network.
Spartan Surfaces Holds Open House at New Bel Air, MD Headquarters
Bel Air, MD, May 12, 2016—On May 5, Spartan Surfaces opened the doors to its new Bel Air, Maryland corporate headquarters for the company’s semi-annual sales meeting.
Housing Markets Continue to Edge Forward, Says NAHB LMI Index
Washington, DC, May 12, 2016—Markets in 119 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in Q1 2016, according to the NAHB/First American Leading Markets Index.