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May 01, 2018  /  The Right News Right When It Happens
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Construction Spending Rose 3.6% YOY in March
Washington, DC, May 1, 2018—Construction spending during March 2018 was estimated at a seasonally adjusted annual rate of $1,284.7 billion, 1.7% below the revised February estimate of $1,306.4 billion, according to the U.S. Census Bureau.
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Today's Flooring News
April PMI Falls Two Points, Remains Positive
Tempe, AZ, May 1, 2018—The April Purchasing Managers Index registered 57.3%, a decrease of two percentage points from the March reading of 59.3%, according to the Manufacturing ISM Report On Business.
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Classen Group Joins NALFA
Washington, DC, May 1, 2018—Classen Group has joined the North American Laminate Flooring Association (NALFA) as its newest regular member.
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Home Prices Rose 7% YOY in March, CoreLogic
Irvine, CA, May 1, 2018—Home prices increased nationally by 7% year over year from March 2017 to March 2018, while on a month-over-month basis, prices increased by 1.4% in March 2018, according to the CoreLogic Home Price Index (HPI).
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Nonn Flooring Acquires Malkin's Flooring
Middleton, WI, April 30, 2018—Middleton-based retailer Nonn’s Flooring has acquired Malkin’s Flooring of Menomonee Falls.
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