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, October 19, 2022—The AIA Architecture Billings Index (ABI) score for September was 51.7 down from a score of 53.3 in August, indicating essentially stable business conditions for architecture firms (any score above 50 indicates an increase in billings from the prior month), according to The American Institute of Architects (AIA).
Kidderminster, UK, October 19, 2022-Victoria-a U.K.-based designer, manufacturer and distributor of flooring-has acquired International Wholesale Tile (IWT) for $28.5m, according to The Business Desk.
Washington, DC, October 19, 2022—Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,439,000, 8.1% below the revised August estimate of 1,566,000 and 7.7% below the September 2021 rate of 1,559,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Washington, DC, October 19, 2022-Mortgage applications decreased 4.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 14, 2022.
Flowood, MS, December 19, 2022-Martin Howard, executive vice president of operations of the David Allen Company in Raleigh, North Carolina, is this year’s recipient of the National Tile Contractors Association Ring of Honor.
Mansfield, MA, October 18, 2022-Belknap-Haines purchased the assets of STC (formerly known as Swiff-Train) on October 17.
Washington, DC, October 18, 2022-Builder confidence in the market for newly built single-family homes dropped eight points in October to 38-half the level it was just six months ago-according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Washington, DC, October 18, 2022—Industrial production increased 0.4% in September and 2.9% at an annual rate in Q3 2022, according to the Federal Reserve.
Bologna, IT, October 18, 2022-Cersaie, held September 26 to 30 in Bologna, Italy, welcomed 91.296 visitors, including 47,000 Italians and over 44,000 international operators.
Oud Gastel, The Netherlands, October 18, 2022—HMTX Industries has merged its Aspecta BV and Vertex Floors go-to-market strategies into a new division: HMTX Global.