| May 10, 2023 / The Right News Right When It Happens | Top Story | | Inflation Eased to 4.9% in April | Washington, DC, May 10, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in April on a seasonally adjusted basis, after increasing 0.1% in March, the U.S. Bureau of Labor Statistics reported. | |
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| Today's Flooring News | | Many Americans "Trapped" in Current Homes by Low Interest Rates | New York, NY, May 10, 2023—"Many Americans who want to move are trapped in their homes—locked in by low interest rates they can’t afford to give up,” reports the Wall Street Journal. | |
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| | RFCI Spring Meeting Welcomed Over 100 Attendees | Bluffton, SC, May 10, 2023—The spring 2023 Resilient Floor Covering Institute (RFCI) board of directors and associate member meeting was held at the Montage Palmetto Bluff, May 2 to 4. | |
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| | Mortgage Applications Rose 6.3% in Week Ending May 5 | Washington, DC, May 10, 2023—Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 5, 2023. | |
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