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Cambridge, MA, January 20, 2022—Spending for home improvements and repairs is expected to expand at a stronger pace in 2022, but signs point to some easing of growth by year end, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
New York, NY, January 20, 2022—This should be a great year for U.S. home builders. Convincing investors of that might take time, reports the Wall Street Journal.
Lancaster, PA, January 20, 2022-Television host Mark Bowe, whose show Barnwood Builders is currently on the Magnolia Network, will appear February 1 and 2 at the AHF Products Surfaces booth at Surfaces.
Crossville, TN, January 20, 2022—Crossville’s production is running its highest output in several years, five days a week and 24 hours a day.
Milano, IT, January 20, 2022—In light of recent Covid-19 surge, Salone del Mobile.Milano has announced that it will postpone this year’s show.
Washington, DC, January 20, 2022—In the week ending January 15, the advance figure for seasonally adjusted initial claims was 286,000, an increase of 55,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, January 19, 2021—December’s Architectural Billings Index (ABI) score of 52.0 was an increase from 51.0 in November (any score over 50 indicates billings growth), according to the American Institute of Architects.
Washington, DC, January 19, 2022—Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,702,000, The U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced, 1.4% above the revised November estimate of 1,678,000 and 2.5% above the December 2020 rate of 1,661,000.
Hamilton, NJ, January 19, 2022—Total construction starts were flat in December with a seasonally adjusted annual rate of $879.3 billion, according to Dodge Construction Network. Residential construction starts gained 4% in December 2021, while nonresidential building starts improved by 3%. Nonbuilding starts, however, declined 12%.
Chattanooga, TN, January 19, 2022-Craig Fuller, founder and CEO of Freightwaves, spoke to Bloomberg about the supply chain challenges facing the U.S. market.