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 Rose One Point to 66 in August

Builder Confidence Rose One Point to 66 in August

Washington, DC, August 15, 2019—Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Retail Sales Rose 0.7% in July

Retail Sales Rose 0.7% in July

Washington, DC, August 15, 2019—Advance estimates of U.S. retail and food services sales for July 2019 were $523.5 billion, an increase of 0.7% from the previous month, and 3.4% above July 2018, according to the U.S. Census Bureau.

Labor Productivity Rose 2.3% in Q2 2019

Labor Productivity Rose 2.3% in Q2 2019

Washington, DC, August 15, 2019—Nonfarm business sector labor productivity increased 2.3% in the second quarter of 2019, the U.S. Bureau of Labor Statistics reported, as output increased 1.9% and hours worked decreased 0.4%.

Distributive Trade Sales & Manu. Shipments Inched Up in May

Distributive Trade Sales & Manu. Shipments Inched Up in May

Washington, DC, August 15, 2019—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,461.4 billion, up 0.2% from April 2019 and was up 1.5% from May 2018, according to the U.S. Census Bureau.

Mortgage Debt Reached Record High in Q2

Mortgage Debt Reached Record High in Q2

Washington, DC, August 14, 2019—U.S. mortgage debt reached a record in Q2, exceeding its 2008 peak as the financial crisis unfolded, reports the Wall Street Journal.