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Dec 16, 2021  /  The Right News Right When It Happens
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ABI Score Dipped to 51.0 in November but Remained Positive
Washington, DC, December 16, 2021-The Architecture Billings Index (ABI) score for November was 51.0, down from 54.3 the previous month, according to The American Institute of Architects (AIA).
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Today's Flooring News
Housing Starts Jumped 11.8% in November
Washington, DC, December 16, 2021- Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,679,000, 11.8% above the revised October estimate of 1,502,000 and 8.3% above the November 2020 rate of 1,551,000, according to the U.S. Census Bureau.
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Construction Starts Slid 14% in November
Hamilton, NJ, December 16, 2021—Total construction starts fell 14% in November to a seasonally adjusted annual rate of $867.8 billion, according to Dodge Construction Network.
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Industrial Production Rose 1.6% in October, After Sliding in September
Washington, DC, December 16, 2021—Industrial production rose 1.6% in October after falling 1.3% in September; about half of the gain in October reflected a recovery from the effects of Hurricane Ida, according to the Federal Reserve.
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Initial Jobless Claims Rose by 18K in Week Ending December 11
Washington, DC, December 16, 2021—In the week ending December 11, the advance figure for seasonally adjusted initial claims was 206,000, an increase of 18,000 from the previous week's revised level, according to the Department of Labor.
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2022 Emerging Leaders Award Now Accepting Nominations
Chattanooga, TN, December 16, 2021-The submissions period for the 2022 Emerging Leaders Award is now open.
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