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Industry News

Construction Spending Rose 1.3% in October

Washington, DC, December 1, 2020—Construction spending during October 2020 was estimated at a seasonally adjusted annual rate of $1,438.5 billion, 1.3% above the revised September estimate of $1,420.4 billion, according to the U.S. Census Bureau.

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Q3 Kitchen & Bath Market Index Hits Highest Point in 2020

Hackettstown, NJ, December 1, 2020-For the first time this year, the Q3 Kitchen & Bath Market Index (KBMI) is above 50-at 61.9-up from 44.2 in Q2 and 41 in Q1, according to the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC).

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New Home Sales Up 41.5% YOY in October

Washington, DC, November 25, 2020-Sales of new single-family houses in October 2020 were at a seasonally adjusted annual rate of 999,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

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Recent Industry Events

Interviews

Cathy Buchanan Discusses How the Holidays Affect Flooring Sales

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Franco Rossi Discusses Aquafil's Acquisition of Planet Recycling

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Dunn Rasbury Discusses How the Floorcovering Distribution Business is Tracking For 2020

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Rochelle Routman Discusses the Highlights from the Virtual Greenbuild Event Held last Week

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Jennifer Hoff Discusses the Shift to July for Coverings 2021 in Orlando

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