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Apr 15, 2024 / The Right News Right When It Happens

Top Story

Retail Sales Rose 4% YOY in March

Washington, DC, April 15, 2024—Advance estimates of U.S. retail and food services sales for March 2024 were $709.6 billion, up 0.7% from the previous month, and up 4.0% above March 2023, according to the Department of Labor.

Today's Flooring News

Builder Confidence Steady in March at 51

Washington, DC, April 15, 2024—Builder confidence in the market for newly built single-family homes was 51 in April, unchanged from March, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Economists Feeling Optimistic about U.S. Economy

New York, NY, April 15, 2024—"It has been two years since forecasters felt this good about the economic outlook,” according to the Wall Street Journal.

Bluegrass Wood Products Earns NWFA/NOFMA Mill Certification

St. Louis, MO, April 15, 2024—Bluegrass Wood Products is the latest company to earn NWFA/NOFMA Mill Certification from the National Wood Flooring Association.

Corporate Office Construction Spending Rose 5.7% YOY in February

San Francisco, CA, April 15, 2024—“New office starts have also downshifted considerably in the wake of hybrid work, but total spending on office projects fell only slightly in February and was up 5.7% annually," according to Wells Fargo.

Distrib. Trade Sales & Manufacturer Shipments Rose 1.6% in Feb.

Washington, DC, April 15, 2024—The combined value of distributive trade sales and manufacturers’ shipments for February was estimated at $1,866.5 billion, up 1.6% from January 2024 and was up 1.0% from February 2023, according to the U.S. Census Bureau.

Louisville Tile Names Guy Ventimiglia Regional Sales Director South

Louisville, KY, April 15, 2024—Louisville Tile Distributors, one of America’s longest-tenured distributors of ceramic tile and related products, has announced the promotion of Guy Ventimiglia to regional sales director South.

Nox's LVT and LOOM+ Win iF Design Awards

Seoul, Korea, April 15, 2024—Nox announced that it won the iF Design Awards, the design award based in Germany.