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Jun 05, 2024 / The Right News Right When It Happens

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Single-Family Permit Growth Occurring in All Regions, Multifamily Slowing

Washington, DC, June 5, 2024—Fueled by a lack of existing inventory and pent-up demand, single-family permit growth is occurring across all tracked geographic regions of the nation while the opposite holds true for the multifamily sector, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the Q1 2024.

Today's Flooring News

Construction Job Openings Declined by 8,000 in April

Washington, DC, June 5, 2024—The construction industry had 338,000 job openings on the last day of April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

Bryan Park, CEO of Footprints Floors, Elected to NWFA Board

Littleton, CO, June 5, 2024-Bryan Park, founder and CEO of Footprints Floors, has been elected to the National Wood Flooring Association board of directors.

Private Sector Employment Rose by 152,000 Jobs in May

Roseland, NJ, June 5, 2024—Private sector employment increased by 152,000 jobs in May, and annual pay was up 5.0% year-over-year, according to the May ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.