Analyst Stump & Co. Reports on BDNY Hospitality Expo
Charlotte, NC, November 18, 2022-Analyst Stump & Company issued the following analysis of this year’s BDNY event,
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.
Architecture Billings Index Declined to 47.7 in October
Washington, DC, November 17, 2022-The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for October was 47.7, the first decline in billings since January 2021 (any score below 50 indicates a decline in firm billings).
Total Construction Starts Rose 8% in October, Driven by Nonbuilding
Hamilton, NJ, November 17, 2022 — Total construction starts rose 8% in October to a seasonally adjusted annual rate of $1.12 trillion, according to Dodge Construction Network. In October, nonresidential building starts gained 9%, and nonbuilding starts rose 26%; however, residential starts fell by 3%.
Housing Starts Declined 4.2% in October
Washington, DC, November 17, 2022-Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,425,000, 4.2% below the revised September estimate of 1,488,000 and 8.8% below the October 2021 rate of 1,563,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Initial Jobless Claims Declined by 4,000 in Week Ending November 12
Washington, DC, November 17, 2022—In the week ending November 12, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 4,000 from the previous week's revised level, according to the Department of Labor.
NALFA Releases White Paper on Wear Ratings
Washington, DC, November 17, 2022-NALFA’s has released a white paper called “Making Sense of Wear Resistance & AC Ratings.”
Midwest Adding Welspun Products to Its Offering & FCEF Donation
Dalton, GA, November 17, 2022—Midwest—a wholesale building products distributor covering Utah, Colorado, Idaho, Wyoming, Montana, and Nevada—is adding Welspun Flooring’s SPC and carpet tile products to its offering.
Eco-Grip Joins Vinyl Sustainability Council
Washington, DC, November 17, 2022-The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, has welcomed Eco-Grip Flooring, an Allied Industries International company, as the newest member of the council.
United Surface Solutions & Unilin Form Cooperation on Digital Printing
Waregem, Belgium, November 17, 2022-United Surface Solutions and Unilin Technologies have announced their license cooperation regarding digital printing and texturing technologies, which allows United Surface Solutions to utilize the broadest patent portfolio in the digital printing space today.
Tile of Spain Announces Details of 2023 Passport to Creativity Tour
Miami, FL November 17, 2022-Tile of Spain, the international brand representing more than 100 ceramic tile manufacturers belonging to the Spanish Ceramic Tile Manufacturer’s Association (ASCER), is now accepting entries for the 2023 edition of the “Passport to Creativity” tour.