Architecture Billings Declined Slightly but Remained Positive in June
Washington, DC, July 22, 2022—The Architecture Billings Index score for June was 53.2, according to the American Institute of Architects (AIA).
Today's Flooring News
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Construction Starts Declined 5% in June
Hamilton, NJ, July 20, 2022—Total construction starts fell 5% in June to a seasonally adjusted annual rate of $932.3 billion, according to Dodge Construction Network.
Portobello America's TN Factory Anticipates Spring 2023 Startup
Baxter, TN, July 22, 2022-Portobello America’s full-service, state-of-the-art production facility in Baxter, Tennessee has an expected March or April (2023) startup.
CCA Global Retail Group Promotes Two Long-Time Employees
Manchester, NH (July 21, 2022) – With summer convention and the upcoming launch of Retail 2.0, CCA Global Retail Group has updated its team with an expanded role for Cathey Gundlach Links, vice president of retail merchandising.
FCEF Promotes Installer Trade at School Counselor Convention
Dalton, GA, July 22, 2022—The Floor Covering Education Foundation (FCEF) recently attended the America School Counselor Association (ASCA) Annual Convention in Austin, Texas.
Kitchen & Bath Spending to Remain Strong in Second Half of 2022
Hackettstown, NJ, July 21, 2022—While both inflation and mortgage rate increases have impacted the kitchen and bath segment, the overall annual forecast still represents a double-digit increase over 2021, according to the National Kitchen & Bath Association (NKBA) midyear 2022 Kitchen & Bath Market Outlook.
Initial Jobless Claims Hit Highest Level Since Nov. in Week Ending July 16
Washington, DC, July 21, 2022—In the week ending July 16, the advance figure for seasonally adjusted initial claims was 251,000, an increase of 7,000 from the previous week's unrevised level of 244,000, according to the Department of Labor.
BDNY 2022 Slated for November in New York
New York, NY, July 21, 2022—Boutique Design New York (BDNY), a trade fair and conference for hospitality’s boutique and lifestyle design community, will take place November 13 and 14.
Geno & Aquafil Scale Production of Plant-Based Nylon 6
San Diego, CA, July 21, 2022—On July 20, Geno announced it had successfully completed demonstration-scale production runs for plant-based nylon 6 with longtime collaborator Aquafil.
June Existing-Home Sales Down 5.4%, Median Sales Price Up to $416K
Washington, DC, July 20, 2022-Total existing-home sales dipped 5.4% from May to a seasonally adjusted annual rate of 5.12 million in June, according to the National Association of Realtors. Year-over-year, sales fell 14.2% (5.97 million in June 2021).