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Jul 21, 2017  /  The Right News Right When It Happens
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Kermit Baker Predicts Growth in Both Com. & Res. Remodel Sectors
Chattanooga, TN, July 21, 2017—Despite previous predictions of a downward turn, the most recent Architecture Billings Index is looking up. Over the past five months, the index has been over 50, and June’s report shows a reading of 54.2, while inquiries are decreasing.
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Today's Flooring News
More Households Renting Today Than in Last 50 Years
Washington, DC, July 20, 2017-A decade after the housing bust upended the lives of millions of Americans, more U.S. households are headed by renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data.
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JCHS Predicts Strong Remodeling Market Through Early 2018
Cambridge, MA, July 20, 2017-Healthy and stable growth in home improvement and repair spending is anticipated for the remainder of the year and into the first half of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
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Roppe Acquisition, FlashCove, Begins Manufacturing in Ohio
Fostoria, OH, July 20, 2017—FlashCove, recently purchased by Roppe Holding Company, has announced the startup of U.S. manufacturing in Fostoria, Ohio.
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Interior Design Summit Added to Fall High Point Market Agenda
High Point, NC, July 21, 2017—The High Point Market Authority (HPMA) reports that it has teamed up with Gail Doby Coaching & Consulting and Luxe Interiors + Design magazine to offer the Interior Design Summit & IDS GRAM|MEs in conjunction with Fall Market (October 14 to 18). The event’s title sponsor is Lexington Home Brands.
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Stifel Comments on Beaulieu Bankruptcy Filing
St. Louis, MO, July 20, 2017-Analyst Stifel offers its perspective on Beaulieu’s bankruptcy filing.
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ASCER Announces Call for Entries for 16th Edition of Awards
Castellón, Spain, July 20, 2017—ASCER (the Spanish Ceramic Tile Manufacturers’ Association) has announced a new edition of the Tile of Spain Architecture, Interior Design and Final Degree Project Awards.
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Samling Global USA Named Vendor of Excellence by Floor & Decor
Norcross, GA, July 21, 2017—For the fifth consecutive year, Samling Global USA has been recognized as a vendor of excellence and PRO event support by Floor & Decor.
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Featured Video
Kermit Baker Discusses the Architectural Billing Index and Housing Remodeling
July 20, 2017—Kermit Baker, a Harvard Economist, and Kemp Harr discuss the June Architectural Billing Index which was 54.2 and has been over 50
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