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Nov 18, 2020 / The Right News Right When It Happens

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Coverings 2021 Moved From April Until July

Chattanooga, TN, November 18, 2020-Coverings 2021 will be postponed to a later date, according to event organizers.

Today's Flooring News

Architectural Billings Hold Steady at 47.5 in October, Inquiries Up

Washington, DC, November 18, 2020—The pace of decline during October remained at about the same level as in September, posting an ABI score of 47.5 (any score below 50 indicates a decline in firm billings), according to a new report from the American Institute of Architects (AIA).

October Housing Starts Up 14.2% YOY

Washington, DC, November 18, 2020- Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,530,000, 4.9% above the revised September estimate of 1,459,000 and 14.2% above the October 2019 rate of 1,340,000, according to the U.S. Census Bureau.

Lowe's Reports Q3 Sales Increase of 28%, Earnings Decline 34%

Mooresville, NC, November 18, 2020-Lowe’s reported Q3 2020 sales of $22.3 billion, compared to Q3 2019 sales of $17.4 billion, an increase of 28%.

TNCA Reports Tile Market Performance for First Three Quarters of 2020

Anderson, SC, November 18, 2020—U.S. tile consumption was down 11.6% (in units) Q1 through Q3 2020, compared to the same period in 2019, according to the Tile Council of North America.

USGBC Provides Summary of Last Week's Greenbuild Conference

Washington, DC, November 18, 2020—Last week concluded the annual Greenbuild Conference & Expo, presented by the U.S. Green Building Council (USGBC) and owned and operated by Informa Connect.

Schönox Forms Partnership with Walcro

Florence, AL, November 18, 2020—With 18 locations across six midwestern states, Walcro has partnered with Schönox to expand its offering of installation supply options for its substantial customer base.

QPro Now Integrates with QuickBooks Online

South Jordan, UT, November 18, 2020—QPro, QFloors’ browser-based cloud-based software, now integrate with QuickBooks Online, combining QPro’s flooring-specific benefits with QuickBooks Online’s familiar accounting features.

FCIF Fall Campaign Drive Now Underway

Dalton, GA, November 18, 2020--The Floor Covering Industry Foundation is currently holding its fall campaign drive, reaching out to thousands of flooring businesses across the country.

Mortgage Applications Declined 0.3% in Second Week of November

Washington, DC, November 18, 2020—Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 13, 2020.