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Apr 18, 2022 / The Right News Right When It Happens

Top Story

Builder Confidence Down Two Points to 77 in April

Washington, DC, April18, 2022—Builder confidence in the market for newly built single-family homes moved two points lower to 77 in April, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Today's Flooring News

Americans Still Spending on Credit Cards, Despite Economic Pessimism

New York, NY, April 18, 2022—U.S. consumers say they aren’t feeling great about the economy but have a curious way of showing it, reports the Wall Street Journal.

Industrial Production Rose 0.9% in March & 8.1% in Q1

Washington, DC, April 18, 2022-Total industrial production advanced 0.9% in March and rose at an annual rate of 8.1% for Q1, according to the Federal Reserve.

Millions of Americas Plan to Abstain from Workforce Indefinitely

New York, NY, April 18, 2022—Several million workers who dropped out of the U.S. workforce during the Covid-19 pandemic plan to stay out indefinitely because of persistent illness fears or physical impairments, potentially exacerbating the labor shortage for years, new research shows, according to the Wall Street Journal.

RFCI Offering CEU on Demystifying Environmental Product Declarations

LaGrange, GA, April 18, 2022—The Resilient Floor Covering Institute wants architects or designers to have a better understanding of Environmental Product Declarations (EPDs).

Erickson's Flooring & Supply Co. Forms ESOP

Indianapolis, IN, April 18, 2022—Erickson's Flooring & Supply Co. has sold 100% of its stock to the Erickson's Employee Stock Ownership Plan and is now an employee-owned company.