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May 16, 2025 / The Right News Right When It Happens

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Housing Starts Rose 1.6% in April

Washington, DC, May 16, 2025-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,361,000, according to the U.S. Census Bureau, 1.6% above the revised March estimate of 1,339,000 but 1.7% below the April 2024 rate of 1,385,000.

Today's Flooring News

Consumer Sentiment Declined 2.7% to 50.8 in Early May

Ann Arbor, MI, May 16, 2025-Consumer sentiment declined 2.7% in early May to 50.8, according to results from the University of Michigan Survey of Consumers.

Households Earning $75K Can Only Afford 21.2% of Home Listings

Washington, DC, May 16, 2025—U.S. households earning $75,000 a year can only afford 21.2% of home listings as of March 2025—up slightly from 20.8% a year prior and representing the biggest gain of any income group—demonstrating that the nation's housing affordability gap persists, according to the National Association of Realtors and Realtor.com 2025 Housing Affordability & Supply report.

Mohawk Group Launches "Believe in Better" Awards

Dalton, GA, May 16, 2025-Mohawk Group announced the establishment of the "Believe in Better" Awards, a new program designed to recognize and celebrate interior design projects that exemplify a commitment to innovation, sustainability, and human-centered impact.

Import and Export Prices Rose 0.1% in April

Washington, DC, May 16, 2025—U.S. import prices increased 0.1% in April following a 0.4% decrease in March, the U.S. Bureau of Labor Statistics reported.