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Apr 01, 2019  /  The Right News Right When It Happens
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Construction Spending Rose 1.0% in February
Washington, DC, April 1, 2019-Construction spending during February 2019 was estimated at a seasonally adjusted annual rate of $1,320.3 billion, 1.0% above the revised January estimate of $1,307.3 billion, according to the U.S. Census Bureau.
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Today's Flooring News
Housing Market Poised for Strong Spring Home-Buying Season
New York, NY, April 1, 2019-The spring home-buying season is shaping up as the best in years, offering new opportunities after last year’s tough housing market drove away many would-be buyers, according to Wall Street Journal article “A Buyer’s Market? Hopes Rise With Falling Rates, More Homes for Sale” by Laura Kusisto.
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Retail Sales Rose 2.2% YOY in February
Washington, DC, April 1, 2019-Advance estimates of U.S. retail and food services sales for February 2019 were $506.0 billion, a decrease of 0.2% from the previous month but 2.2% above February 2018, according to the U.S. Census Bureau.
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Purchasing Managers Index Rose to 55.3% in March
Tempe, AZ, April 1, 2019—The March Purchasing Managers Index (PMI) registered 55.3%, an increase of 1.1 percentage points from the February reading of 54.2%, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business.
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NWFA Participates in World Flooring Forum
St. Louis, MO, April 1, 2019—National Wood Flooring Association (NWFA) chairman, Chris Zizza, represented the NWFA with a presentation on wood flooring trends at the fifth World Flooring Forum (WFF) and the 22nd China Flooring Industry Summit Forum.
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