Chattanooga, TN, July 21, 2017—Despite previous predictions of a downward turn, the most recent Architecture Billings Index is looking up. Over the past five months, the index has been over 50, and June’s report shows a reading of 54.2, while inquiries are decreasing.
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Washington, DC, July 20, 2017-A decade after the housing bust upended the lives of millions of Americans, more U.S. households are headed by renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data.
Cambridge, MA, July 20, 2017-Healthy and stable growth in home improvement and repair spending is anticipated for the remainder of the year and into the first half of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Fostoria, OH, July 20, 2017—FlashCove, recently purchased by Roppe Holding Company, has announced the startup of U.S. manufacturing in Fostoria, Ohio.
High Point, NC, July 21, 2017—The High Point Market Authority (HPMA) reports that it has teamed up with Gail Doby Coaching & Consulting and Luxe Interiors + Design magazine to offer the Interior Design Summit & IDS GRAM|MEs in conjunction with Fall Market (October 14 to 18). The event’s title sponsor is Lexington Home Brands.
St. Louis, MO, July 20, 2017-Analyst Stifel offers its perspective on Beaulieu’s bankruptcy filing.
Castellón, Spain, July 20, 2017—ASCER (the Spanish Ceramic Tile Manufacturers’ Association) has announced a new edition of the Tile of Spain Architecture, Interior Design and Final Degree Project Awards.
Norcross, GA, July 21, 2017—For the fifth consecutive year, Samling Global USA has been recognized as a vendor of excellence and PRO event support by Floor & Decor.
Washington, DC, July 19, 2017—The American Institute of Architects (AIA) reported the June Architecture Billings Index (ABI) score was 54.2, up from a score of 53.0 in the previous month. This marks the fifth consecutive increase.
Washington, DC, July 19, 2017— Privately owned housing starts in June were at a seasonally adjusted annual rate of 1,215,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 8.3% above the revised May estimate of 1,122,000 and is 2.1% above the June 2016 rate of 1,190,000.