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Oct 20, 2021 / The Right News Right When It Happens

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Architecture Billings Rose 1 Point to 56.6 in September

Washington, DC, October 20, 2021—The Architecture Billings Index (ABI) score for September was 56.6, which is up from August’s score of 55.6, according to a new report today from The American Institute of Architects (AIA).

Today's Flooring News

Mannington Commercial Forms Distribution Partnership with EJ Welch

Dalton, GA, October 20, 2021—Mannington Commercial has entered into a distribution partnership with EJ Welch, a commercial flooring supplier.

CARE Announces Differential Assessment Rates

Dalton, GA, October 20, 2021--The additional carpet legislation that went into effect on January 1, 2020 (AB 729) requires Carpet America Recycle Effort (CARE) to implement a differential assessment on each square yard of carpet that reflects its cost burden to recycle.

Renovation Activity Expected to Remain Strong in Q4

Palo Alto, CA, October 20, 2021—The Q4 2021 Houzz Renovation Barometer found that businesses anticipate strong activity through the end of the year.

Materials Costs & Bid Prices Declined in September

Washington, DC, October 20, 2021— Unusually, materials costs and contractors’ bid prices both declined from August to September, but the gap between the two prices remained wide over the latest 12 months, reports Associated General Contractors.

CARE Awards Four More Recycling Grants

Dalton, GA, October 20, 2021-- Carpet America Recycle Effort’s (CARE) California Carpet Stewardship Program has awarded four additional grants, totaling $1.14 million, through its 2021 Capital Improvements cycle (labeled Cycle 5A).

Mortgage Applications Declined 6.3% in Second Full Week of October

Washington, DC, October 20, 2021—Mortgage applications decreased 6.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 15, 2021.