| 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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