| Oct 14, 2022 / The Right News Right When It Happens | Top Story | | Mortgage Rates Hit Two-Decade High at 6.92% | New York, NY, October 14, 2022—"U.S. mortgage rates jumped to their highest level in more than two decades,” according to the Wall Street Journal. | |
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| Today's Flooring News | | September Retail Sales Unchanged from Oct., But Up 8.2% YOY | Washington, DC, October 14, 2022—Advance estimates of U.S. retail and food services sales for September 2022 were $684.0 billion, virtually unchanged from the previous month but 8.2% above September 2021, according to the U.S. Census Bureau. | |
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| | Consumer Sentiment Rose 2% to 59.8 in Early October | Ann Arbor, MI, October 14, 2022—Consumer sentiment rose 2.0% to 59.8 in early October, according to preliminary results from the University of Michigan Survey of Consumers. | |
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| | NAHB Remodeling Index Posts 10 Point Decline YOY in Q3 | Washington, DC, October 14, 2022—The NAHB/Westlake Royal Remodeling Market Index (RMI) for Q3, posting a reading of 77, declining ten points compared to Q3 2021, according to the National Association of Home Builders (NAHB). | |
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| Import Prices Declined 1.2% in September | Washington, DC, October 14, 2022—U.S. import prices decreased 1.2% in September, after declining 1.1% the previous month, the U.S. Bureau of Labor Statistics reported. | |
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| Distributive Trade Sales & Manufacturer Shipments Up 0.3% in August | Washington, DC, October 14, 2022—The combined value of distributive trade sales and manufacturers’ shipments for August was estimated at $1,843.2 billion, up 0.3% from July 2022 and was up 12.6% from August 2021, according to the U.S. Census Bureau. | |
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| Former General Secretary of ASCER, Pedro Riaza, Has Died | Miami, FL October 14, 2022-Pedro Riaza, general secretary of the Spanish Ceramic Tile Manufacturers’ Association (ASCER) for a quarter century, has died | |
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Featured Video | | Jay Henry Discusses His New Innovation Role at Tarkett | October 14, 2022—Jay Henry, the new Director of Innovation at Tarkett, and Kemp Harr discuss Jay’s background and new role at Tarkett. Lis | |
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