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Aug 11, 2023  /  The Right News Right When It Happens
Top Story
Consumer Sentiment Rose 11.2% to 71.6 in July
Ann Arbor, MI, August 11, 2023-Consumer sentiment rose 11.2% to 71.6 in July, according to final results from the University of Michigan Survey of Consumers.
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Today's Flooring News
India Led Ceramic Imports to the U.S. In First Half of 2023
New York, NY, August 11, 2023-For the first time, India became the largest ceramic tile supplier of the U.S. by units in the time period between January and June, reports Grosser Associates.
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Home Prices Rose in Nearly 60% of Metro Areas in Q2
Washington, DC, August 10, 2023-Almost 60% of metro markets (128 out of 221) registered home price gains in Q2 2023 as 30-year fixed mortgage rates oscillated between 6.28% and 6.71%, according to the National Association of Realtors' latest quarterly report.
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Imports of Multilayered Wood Flooring Grew by 11% in 2022
Washington, DC, August 11, 2023-The value of U.S. imports of multilayered wood flooring grew by 11% last year, according to the Decorative Hardwood Association.
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Producer Prices Rose 0.3% in July
Washington, DC, August 11, 2023—The Producer Price Index for final demand increased 0.3% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
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Frontier Surfaces Acquires Builder Flooring Solutions
Harrisburg, PA, August 11, 2023-Frontier Surfaces has acquired Builder Flooring Solutions (BFS), a Pennsylvania-based contract flooring company that services builders, developers, and multifamily property owners.
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Featured Video
Bruce Zwicker Discusses Current Business Conditions in Flooring and Other News
August 10, 2023—Bruce Zwicker, a floorcovering industry consultant, and Kemp Harr discuss recent earnings reports from publicly traded flooring
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