Architecture Billings Index Contracts for Second Consecutive Month
Washington, DC, October 19, 2016— The American Institute of Architects (AIA) reported the September ABI score was 48.4, down from the mark of 49.7 in the previous month.
Today's Flooring News
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.
Chicago's Village Carpets & Rugs Closing Doors After 52 Years
Chicago, IL, October 19, 2016—Village Carpets & Rugs, located in Winnetka, is closing its doors.
Estillon Announces Factory Expansion
Uden, The Netherlands, October 19, 2016—A mere four years after completing the new building, Estillon—a service provider of subfloors, underlays and accessories—has outgrown its premises.
WV Reilley's Carpet Loses Warehouse to Fire
Glen Dale, WV, October 19, 2016—Reilley's Carpet lost its warehouse to fire on October 17, according to WTOV9.
Shaw Announces Plans to Buy USFloors
Dalton, GA, October 18, 2016—Shaw Industries Group announced today that it has entered into a definitive agreement to purchase USFloors, which expands and complements Shaw’s position as a leader in the luxury vinyl tile (LVT) and hard surface markets.
Floortek Opens Today in Dalton, Georgia
Dalton, GA, October 18, 2016—The Floortek Expo opens today in Dalton, Georgia. The event, which runs through Thursday, is held at the Dalton Convention Center.
Consumer Prices Rose 0.3% in September
Washington, DC, October 18, 2016—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported.
Builder Confidence Falls Two Points in October
Arlington, VA, October 18, 2016—Builder confidence in the market for newly constructed single-family homes remained on firm ground in October, down two points to a level of 63 on the National Association of Home Builders/Wells Fargo Housing Market Index.
Carpet One Floor & Home Releases Pink Ribbon Welcome Mats
Manchester, NU, October 18, 2016—Carpet One Floor & Home released its annual collection of pink ribbon welcome mats under the Carpet One Welcomes Your Support campaign.
Prices on Apartment Buildings Continue to Climb
New York, NY, October 18, 2016— Investors continue to offer higher and higher prices for apartment properties relative to the income the properties produce—months after the market seemed to have peaked, reports National Real Estate Investor Online.