Floordaily

May 12, 2023 / The Right News Right When It Happens

Top Story

Consumer Sentiment Slid 9.1% in Early May, Driven by Debt Crisis Standoff

Ann Arbor, MI, May 12, 2023-Consumer sentiment slid 9.1% in early May, according to preliminary results from the University of Michigan Survey of Consumers.

Today's Flooring News

Fuse Alliance Adds Three New Network Members

Laguna Niguel, May 12, 2023-Fuse Alliance, an organization of professional commercial flooring contractors, has expanded its network with the addition of Commercial Flooring Professionals, Native Flooring, and Sprague Floor Covering.

NAR's Yun Expects Fed to Stop Raising Interest Rates

Washington, DC, May 12, 2023-National Association of Realtors chief economist Lawrence Yun said the Federal Reserve's most recent rate hike was unnecessary, and he expects the Fed will stop raising interest rates further, during the "Residential Economic Issues & Trends Forum" at NAR's 2023 Realtors Legislative Meetings.

Import Prices Rose 0.4% in April, Export Prices Rose 0.2%

Washington, DC, May 12, 2023—Prices for U.S. imports increased 0.4% in April following a 0.8% decline in March, the U.S. Bureau of Labor Statistics reported.

NAHB Explores Highest Paying Occupations in Construction

Washington, DC, May 12, 2023—Half of payroll workers in construction earn more than $54,540 and the top quartile (top 25%) make at least $77,030, according to the latest Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) and analysis by NAHB.

Alliance Flooring Forms Partnership with Mobile Marketing

Chattanooga, TN, May 12, 2023—Alliance Flooring has formed a new partnership with Mobile Marketing.