| | | Apr 14, 2023 / The Right News Right When It Happens | | Top Story | | | | Remodeling Market Index Rose 1 Point to 70 in Q1 | | Washington, DC, April 14, 2023—The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 70, edging up one point compared to the previous quarter. | | |
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| | Today's Flooring News | | | | Retail Sales Declined 1.0% in March, Up 2.9% YOY | | Washington, DC, April 14, 2023—Advance estimates of U.S. retail and food services sales for March 2023 were $691.7 billion, down 1.0% from the previous month, but up 2.9% above March 2022, according to the U.S. Census Bureau. | | |
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| | | | Consumer Sentiment Rose 2.4% in Early April | | Ann Arbor, MI, April 14, 2023-Consumer sentiment rose 2.4% in early April, according to preliminary results from the University of Michigan Survey of Consumers. | | |
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| | | | Value of Construction Starts Expected to Flatten in 2023 | | Washington, DC, April 14, 2023—The value of construction starts will flatten in 2023, said chief economist Richard Branch, in his keynote speech at the Dodge annual Outlook 2023 event. | | |
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| | | Import Prices Declined 0.6% in March, Export Prices Down 0.3% | | Washington, DC, April 14, 2023—U.S. import prices decreased 0.6% in March following a 0.2% decline in February, the U.S. Bureau of Labor Statistics reported. | | |
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| | | Industrial Production Up 0.4% in March | | Washington, DC, April 14, 2023—Industrial production rose 0.4% in March and was little changed in the first quarter, increasing at an annual rate of 0.2%, according to the Federal Reserve. | | |
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| | | Distributor Sales & Manufacturer Shipments Flat in February | | Washington, DC, April 14, 2023—The combined value of distributive trade sales and manufacturers’ shipments for February was estimated at $1,817.9 billion, virtually unchanged from January 2023 but was up 3.3% from February 2022. | | |
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| Featured Video | | | | Bruce Odette Discusses Business Conditions at Carpet Exchange and Mohawk's Rhinory Promotion | | April 14, 2023—Bruce Odette, CEO with The Carpet Exchange, and Kemp Harr discuss continued growth at Bruce's 19-store chain of floorcovering sto | | |
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