Breaking Flooring News

Architecture Billings Index Declined to 43.3 in September

Washington, DC, October 22, 2025-Business conditions at architecture firms weakened further in September, with the AIA/Deltek Architecture Billings Index (ABI) dropping to 43.3 from 47.2 in August and the lowest since April.

Mortgage Applications Declined 0.3% in Week Ending October 17

Washington, DC, October 22, 2025-- Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 17, 2025.

Rental Affordability Best in Last Four Years

Seattle, WA, October 22, 2025-Rental affordability is better than it's been in four years, giving prospective renters a slight break on new leases.

Fall Homebuyers Scoring Discounts in Sluggish Market

Seattle, WA, October 22, 2025—Three metrics that measure competition in the U.S. housing market each dropped to the lowest September level in six years last month, reports Redfin.

Avery Denison Completes Acquisition of Taylor

Mentor, OH, October 21, 2025-Avery Dennison Corporation has completed the acquisition of Taylor adhesives for the purchase price of $390 million.

Single-Family Residential Activity Remains Challenged

Charlotte, NC, October 21, 2025-"Single family starts thus far in 2025 have declined in every month with the exception of July; July saw a surprise spike in starts, but this came off an easy comp and we think was likely also impacted by some favorable weather pull forward demand,” reports Truist.

California Q2 Recycling Rate Beats Target at 41%

Dalton, GA, October 21, 2025—CARE executive director Bob Peoples summarizes the Q2 results of the California Carpet Stewardship Program.

Steve DeCarlo Named CEO of Somerset, Boen North America

Somerset, KY, October 20, 2025-Steve DeCarlo has been named CEO of Somerset and Boen North America, bringing more than three decades of experience in the flooring industry to the position.

Spartan Surfaces Names Blogett President and Swanson COO

Bel Air, MD, October 21, 2025—Effective October 21, Spartan Surfaces appoints Joe Blogett to president and Sean Swanson to chief operating officer.

NFM Names Amy Starr Myers Chief Marketing Officer

Omaha, NE, October 21, 2025—NFM has announced the appointment of Amy Starr Myers as chief merchandising officer.

Fuse Welcomes Eight New Members

Parker, CO, October 20, 2025—Fuse Alliance, a network of commercial flooring contractors, announced the addition of eight companies to its membership.

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