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, 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.
Washington, DC, January 19, 2022—Mortgage applications increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 14, 2022.
Woodbury, NY, January 19, 2022—Stanton Carpet Corporation has named key additions to its sales team with Brian Witkin joining as Northeast regional vice president.
Washington, DC, January 18, 2022-Builder confidence in the market for newly built single-family homes moved one point lower to 83 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Wyandotte, MI, January 18, 2022-Effective February 1, or as contract allows, BASF will increase prices for caprolactam, polyamide 6 (PA6) and polyamide copolymer by $0.05 per pound in North America.
Woodland Hills, CA, January 18, 2021-ADEX (Award for Design Excellence) has announced the 2022 flooring nominees,
Waregem, Belgium, January 18, 2022- Unilin Technologies will launch SquareClic, a technology that ensures a perfectly aligned floor throughout the whole installation.