| | | Mar 17, 2025 / The Right News Right When It Happens | | Top Story | | | | Builder Confidence Declined 3 Points to 39 in March | | Washington, DC, March 17, 2025—Builder confidence in the market for newly built single-family homes was 39 in March, down three points from February and the lowest level in seven months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). | | |
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| | Today's Flooring News | | | | January Retail Sales Up 0.2% from December, 3.1% YOY | | Washington, DC, March 17, 2025-Advance estimates of U.S. retail and food services sales for February 2025 were $722.7 billion, up 0.2% from the previous month and up 3.1% from February 2024, according to the U.S. Census Bureau. | | |
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| | | | Homeownership Among Black Americans Rises, Still Trails White Americans | | Washington, DC, March 17, 2025—The U.S. Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, yet it still falls significantly behind the White homeownership rate, according to the National Association of Realtors 2025 Snapshot of Race and Home Buying in America. | | |
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| | | | U.S. Home Shortage Estimated at Four Million | | Austin, TX, March 17, 2025-More than a decade of underbuilding has left the U.S. with a shortage of nearly four million homes, according to a new analysis from Realtor.com. | | |
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| | | Container Rates from China Halved Following Tariff Implementation | | Charlotte, NC, March 17, 2025—Container rates from China to U.S. have been cut in half following the implementation of tariffs, reports Truist. | | |
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| | | Starnet Members Rank Top Distribution Partners | | Columbus, OH, March 17, 2025—Every year, Starnet's Preferred Vendor Survey uncovers the secrets behind member satisfaction with its vendor partners, and once again, Starnet members are pleased with their interactions with distributors. | | |
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| | | Distrib. Trade Sales & Manufacturer Shipments Up 3.5% YOY in Jan. | | Washington, DC, March 17, 2025—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,896.5 billion, down 0.8% from December 2024 but up 3.5% from January 2024, according to the Deparment of Labor. | | |
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| Featured Video | | | | Bill Wilson Discusses Highlights of Abbey Convention in Tampa | | March 15, 2025—Bill Wilson, EVP of Sales and Marketing with Abbey and Floors to Go, and Kemp Harr discuss the highlights of this week's annual c | | |
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