| | | May 12, 2017 / The Right News Right When It Happens | | Top Story | | | | Housing Affordability Ticked Up in Q1 | | Washington, DC, May 12, 2017ÂRising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. | | |
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| | Today's Flooring News | | | | Consumer Sentiment Up 0.7% to 97.7 in Early May | | Ann Arbor, MI, May 12, 2017ÂConsumer sentiment rose 0.7% to 97.7 in early May over AprilÂs 97.0 rate, according to preliminary results from the University of MichiganÂs Survey of Consumers. | | |
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| | | | Former Renters Are in the Market to Buy, WSJ | | New York, NY, May 12, 2017ÂÂFirst-time buyers are rushing to buy homes after a decade on the sidelines, promising to kick a housing market already flush with luxury sales into higher gear, according to an article in the Wall Street Journal called Generation of Renters Now Buying. | | |
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| | | | Retail Sales Up 4.5% in April YOY, 0.4% over March | | Washington, DC, May 12, 2017ÂAdvance estimates of U.S. retail and food services sales for April 2017 were $474.9 billion, an increase of 0.4% from the previous month, and 4.5% above April 2016, according to the U.S. Census Bureau. | | |
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| | | Tarkett Celebrating 50th Year Anniversary of Powerbond | | Solon, OH, May 12, 2017ÂTarkett this year is celebrating the golden anniversary of Tandus CentivaÂs Powerbond, the hybrid resilient sheet flooring with a closed-cell cushion. | | |
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| | | Consumer Prices Ticked Up 0.2% in April | | Washington, DC, May 12, 2017ÂThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported. | | |
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| | | Distributive Trade Sales & Manufacturers' Shipments Flat in March | | Washington, DC, May 12, 2017ÂThe combined value of distributive trade sales and manufacturers shipments for March was estimated at $1,361.0 billion, virtually unchanged from February 2017, but was up 6.5% from March 2016, according to the U.S. Census Bureau. | | |
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| | | Intl. Furnishings & Design Assoc. Offering Design Summit in NYC | | New York, NY, May 12, 2017ÂThe International Furnishings and Design Association Educational Foundation is presenting its first DesignEdge, a dynamic, day-long summit featuring eminent industry leaders to discuss the future of design while offering inspiration and insight into succeeding during transformative times. | | |
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