Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Washington, DC, August 23, 2023—The Architecture Billings Index (ABI) score for July was 50.0, indicating that billings at architecture firms remained flat for the month, according to the American Institute of Architects (AIA)/Deltek.
Washington, DC, August 23, 2023-Sales of new single-family houses in July 2023 were at a seasonally adjusted annual rate of 714,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.4% above the revised June rate of 684,000 and 31.5% above the July 2022 estimate of 543,000.
Washington, DC, August 23, 2023-Mortgage applications decreased 4.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2023.
Dalton, GA, August 23, 2023— Carpet America Recovery Effort’s (CARE) Sustainable Plan Committee has authorized a set of initiatives that are consistent with the approved 2023-2027 California Carpet Stewardship Plan and are also a recommendation of the California Carpet Advisory Committee.
Dalton, GA, August 23, 2023-The 2023 Best-In-State Employer by Forbes included four flooring industry and related companies: Shaw, 5; Home Depot, 30; Mohawk, 71; Lowe’s, 84.
Washington, DC, August 22, 2023—Total existing-home sales waned 2.2% from June to a seasonally adjusted annual rate of 4.07 million in July, according to the National Association of Realtors.
Mooresville, NC, August 22, 2023—Lowe’s reported net sales of $25 billion for Q2 2023, a 9% decline compared to net sales of $27.5 billion in the same period last year.
Washington, DC, August 22, 2023—Seasonally adjusted construction employment rose from July 2022 to July 2023 in 45 states and the District of Columbia, fell in four states, and was unchanged in Vermont, according to Associated General Contractor’s (AGC) analysis of Bureau of Labor Statistics (BLS) data.
New York, NY, August 22, 2023-"For many Americans, homeownership may be attainable only if they give up a dining room,” reports the Wall Street Journal.
New York, NY, August 22, 2023-"Retailers are on track to open 1,000 net new stores in the U.S. this year as retail availability hits record lows, in fresh signs of the sector’s resilience despite turmoil in commercial real estate,” reports the Wall Street Journal.