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Oct 24, 2019 / The Right News Right When It Happens

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Architectural Billings Improved but Below 50 in September

Washington, DC, October 24, 2019-The Architecture Billings Index (ABI) score in September is 49.7, which improved from the August score of 47.2, according to the American Institute of Architects (AIA). However, any score below 50 indicates a decrease in billings.

Today's Flooring News

The Tile Shop's Sales & Earnings Fell in Q3

Minneapolis, MN, October 24, 2019—The Tile Shop reported a Q3 net sales decrease of 3.7% year over year.

Sept. New Home Sales Slipped from Aug. Rates but Rose 15.5% YOY

Washington, DC, October 24, 2019—Sales of new single-family houses in September 2019 were at a seasonally adjusted annual rate of 701,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.7% below the revised August rate of 706,000 but 15.5% above the September 2018 estimate of 607,000.

Dixie Group Completes Sale of Santa Ana Facility

Dalton, GA, October 24, 2019—The Dixie Group has reported the sale of its Susan Street facility, and approximately ten acres of surrounding property located in Santa Ana, California to the CenterPoint Properties Trust for a net purchase price of approximately $37.2 million.

Orders for Manufactured Good Fell 1.1% in September

Washington, DC, October 24, 2019—New orders for manufactured durable goods in September decreased $2.8 billion or 1.1% to $248.2 billion, the U.S. Census Bureau announced.

Tarkett's U.S. Sales Up but Organic Growth Down

Paris, FR, October 24, 2019--Tarkett's North American segment sales rose 11.7% year-over-year (YOY) in Q3; however, organic growth was down 2.2%.

Home Legend Nominated for The Home Depot Innovation Award

Atlanta, GA, October 24, 2019-Home Legend was nominated for The Home Depot Innovation Award 2019 for its Water-Resistant Bamboo Flooring.

Windmoeller Opens New North America Headquarters in Georgia

Marietta, GA, October 24, 2019—Windmoeller has announced the opening of its new North American headquarters facility in Marietta, Georgia.