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Jan 19, 2022 / The Right News Right When It Happens

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Architecture Billings Rose One Point to 52 in December

Washington, DC, January 19, 2021—December’s Architectural Billings Index (ABI) score of 52.0 was an increase from 51.0 in November (any score over 50 indicates billings growth), according to the American Institute of Architects.

Today's Flooring News

Housing Starts Rose 1.4% in December

Washington, DC, January 19, 2022—Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,702,000, The U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced, 1.4% above the revised November estimate of 1,678,000 and 2.5% above the December 2020 rate of 1,661,000.

Total Construction Starts Flat in December

Hamilton, NJ, January 19, 2022—Total construction starts were flat in December with a seasonally adjusted annual rate of $879.3 billion, according to Dodge Construction Network. Residential construction starts gained 4% in December 2021, while nonresidential building starts improved by 3%. Nonbuilding starts, however, declined 12%.

Freightwaves CEO Talks Supply Chain Challenges Taxing U.S. Market

Chattanooga, TN, January 19, 2022-Craig Fuller, founder and CEO of Freightwaves, spoke to Bloomberg about the supply chain challenges facing the U.S. market.

Mortgage Applications Rose 2.3% in Second Week of January

Washington, DC, January 19, 2022—Mortgage applications increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 14, 2022.

Stanton Names Brian Witkin NE Regional Vice President

Woodbury, NY, January 19, 2022—Stanton Carpet Corporation has named key additions to its sales team with Brian Witkin joining as Northeast regional vice president.