Today's Flooring News

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Multifamily Builder Confidence Inched Up but Remained Negative in Q4

Multifamily Builder Confidence Inched Up but Remained Negative in Q4

Washington, DC, February 23, 2023-While the two main confidence indexes for multifamily housing increased slightly in Q4, they both remained in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).

Total Construction Starts Declined 27% in January, Says Dodge

Total Construction Starts Declined 27% in January, Says Dodge

Hamilton, NJ, February 22, 2023-Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to Dodge Construction Network. During the month, nonresidential building starts fell 38%, residential starts lost 20%, and nonbuilding starts declined by 16%.