Floordaily

Apr 20, 2023 / The Right News Right When It Happens

Top Story

Total Construction Starts Rose 19% in March, Led by Nonresidential

Hamilton, NJ, April 20, 2023—Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network.

Today's Flooring News

Existing-Home Sales Fell 2.4% in March

Washington, DC, April 20, 2023—Total existing-home sales fell 2.4% from February to a seasonally adjusted annual rate of 4.44 million in March, according to the National Association of Realtors. Year-over-year, sales waned 22.0% (down from 5.69 million in March 2022).

Homeowner Remodeling Expected to Decline by 2.8% Through Q1 '24

Cambridge, MA, April 20, 2023—After more than a decade of continuous growth, annual spending on improvements and repairs to owner-occupied homes is expected to decline by early next year, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Initial Jobless Claims Rose by 5,000 in Week Ending April 15

Washington, DC, April 20, 2023-In the week ending April 15, the advance figure for seasonally adjusted initial claims was 245,000, an increase of 5,000 from the previous week's revised level, according to the Department of Labor.

Coverings Announces 2023 Installation & Design Award Winners

Arlington, VA, April 20, 2023––Coverings has announced Coverings Installation & Design (CID) Awards for 17 projects that showcase distinction in creativity, craftsmanship and outstanding use of materials.

Luxury Market Expected to Weaken in 2023

Stevens, PA, April 20, 2023—Luxury company executives resoundingly believe that the luxury market is headed for a reset.

Mohawk Announces Earth Day Events for Team Members

Dalton, GA, April 20, 2023—In celebration of Earth Day, Mohawk Group will be hosting a variety of activities and events to bring attention to sustainability year-round.