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.

Remodeling Market Index Rose 1 Point to 70 in Q1

Remodeling Market Index Rose 1 Point to 70 in Q1

Washington, DC, April 14, 2023—The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 70, edging up one point compared to the previous quarter.

Retail Sales Declined 1.0% in March, Up 2.9% YOY

Retail Sales Declined 1.0% in March, Up 2.9% YOY

Washington, DC, April 14, 2023—Advance estimates of U.S. retail and food services sales for March 2023 were $691.7 billion, down 1.0% from the previous month, but up 2.9% above March 2022, according to the U.S. Census Bureau.

Industrial Production Up 0.4% in March

Industrial Production Up 0.4% in March

Washington, DC, April 14, 2023—Industrial production rose 0.4% in March and was little changed in the first quarter, increasing at an annual rate of 0.2%, according to the Federal Reserve.

Ecore Acquires 360 Tire Recycling Group

Ecore Acquires 360 Tire Recycling Group

Lancaster, PA, April 13, 2023—Ecore International, the largest converter of reclaimed tire rubber in North America, has announced the acquisition of 360 Tire Recycling Group, a tire recycling management company.

Leonardo Pesce Named CEO of Panariagroup USA

Leonardo Pesce Named CEO of Panariagroup USA

Lexington, KY, April 13, 2023--Panariagroup, owner of Florida Tile, will attend Coverings 2023 in Orlando, Florida, April 18 to 21, during which the new CEO of Panariagroup USA, Leonardo Pesce, will be introduced to clients and stakeholders.

Producer Prices Declined 0.5% in March

Producer Prices Declined 0.5% in March

Washington, DC, April 13, 2023—The Producer Price Index for final demand declined 0.5% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.