Architecture Billings Index Expanded to 54.3 in March
Washington, DC, April 20, 2017—The American Institute of Architects (AIA) reported the March Architecture Billings Index (ABI) score was 54.3, up from a score of 50.7 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.
Novalis Partners with Cartwright Distributing
Toronto, ON, April 20, 2017—Novalis Innovative Flooring recently added Cartwright Distributing to the growing list of floorcovering distributors for its NovaFloor LVT product line.
Classen Terminates Partnership with Pergo
Kaisersesch, DE, April 20, 2017—Classen Intellectual Property GmbH, a subsidiary company of the Classen-Group, has terminated, with immediate effect, a partnership agreement with Pergo AB - a subsidiary company of Mohawk.
The Indigo Girls to Perform at Home & Gift Industry's Icon Awards
Atlanta, GA, April 20, 2017—The Indigo Girls (Emily Saliers and Amy Ray) will take the Icon Honors 2017 stage on July 13 in an exclusive performance capping the most anticipated and important night in the home and gift industry.
QEP Acquires AC Products & Southern Cross Building Products
Boca Raton, FL, April 19, 2017—Q.E.P. Co. has announced the acquisition of two companies: AC Products Co. and Southern Cross Building Products.
Texan Floor Service Names Brett Hill Dir. of Corporate Compliance
Laguna Liguel, CA, April 19, 2017—Fuse Alliance has announced that network member Texan Floor Service has retained Brett J. Hill to serve as the company’s director of corporate compliance.
Rooomy & BuildDirect Partner on Virtual Reality Flooring Technology
San Jose, CA, April 19, 2017—Rooomy, a home design studio utilizing VR, AR and 3D technology, has announced a partnership with BuildDirect, an network for heavyweight products, to bring virtual flooring capability to rooomy’s iOS app.
March Housing Starts Fell 6.8% from February, but Up 9.2% YOY
Washington, DC, April 18, 2017— Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,215,000, 6.8% below the revised February estimate of 1,303,000, but is 9.2% above the March 2016 rate of 1,113,000, according to the Commerce Department.
Industrial Production Rose by 0.5% in March, Driven by Utilities
Washington, DC, April 18, 2017— Industrial production increased 0.5% in March after moving up 0.1% in February, according to the Federal Reserve.
Construction Material Costs Rose 4.4% in March
Arlington, VA, April 18, 2017—Double-digit price increases for key construction materials pushed up construction costs in March, while the prices charged by contractors remained moderate, according to a new analysis of federal producer price data by the Associated General Contractors of America.