Breaking Flooring News

AIA Architecture Billings Index Positive at 52.5 in December

AIA Architecture Billings Index Positive at 52.5 in December

Washington, DC, January 23, 2020—The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score of 52.5 for December reflects an increase in design services provided by U.S. architecture firms (any score above 50 indicates an increase in billings).

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Industry News

NAHB Remodeling Index Rose to 58 in Q4

Washington, DC, January 23, 2019—The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in Q4 2019, up three points from the previous quarter.

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WFCA Names Two New Board Members

Dalton, GA, January 23, 2020-World Floor Covering Association (WFCA) has announced the appointment of David Garden and Typhannie Watson as the newest members to its board of directors.

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Gerflor Has New Majority Shareholder

Lyon, FR, January 22, 2020-Gerflor has a new majority shareholder; Cobepa, an investment company owned by Belgium’s Spoelberch family, took majority ownership of the France-based resilient flooring firm for a few hundred million euros, reports L’Echo

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Existing-Home Sales Rose 3.6% in December

Washington, DC, January 22, 2020—Total existing-home sales increased 3.6% from November to a seasonally-adjusted annual rate of 5.54 million in December, according to the National Association of Realtors.

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NAHB Predicts Gradual Pace for Home Improvements Through '21

Washington, DC, January 22, 2020—Spending on residential improvements will continue to grow over the next two years at a gradual pace, according to experts at a press conference hosted by National Association of Home Builders (NAHB) Remodelers at the NAHB International Builders’ Show (IBS) in Las Vegas, Nevada.

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Recent Industry Events

Interviews

Pami Bhullar Discusses His New Year's Resolutions for Flooring Retailers

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John Wu Discusses Novalis' Plans to Manufacture LVT in the U.S.

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Dave Snedeker Discusses Why Bob's Grew in 2019

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Karl Scholz Discusses the Launch of Two Ceramic Tile Installation Patents Introduced At Domotex

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Donato Grosser Discusses Shift Away From Chinese Imports in Ceramic Tile Market

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