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May 24, 2023 / The Right News Right When It Happens

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Architecture Billings Index Softened to 48.5 in March

Washington, DC, May 24, 2023—The Architecture Billings Index score for March decreased from 50.4 in March to 48.5 in April (any score below 50 indicates a decrease in firm billings), according to a report released today from The American Institute of Architects (AIA).

Today's Flooring News

Southwind to Operate Independently, Hash Named CEO

Dalton, GA, May 24, 2023-F9 Brands, which owns and manages a portfolio of companies in the building products, home improvement and luxury home décor industries, including Southwind Building Products, announced that, effective immediately, Southwind would operate independently of the other F9 portfolio companies.

CFI & FCICA Holding Joint Trade Show in Florida This September

Dalton, GA, May 23, 2023—The Certified Flooring Installers (CFI) and the Flooring Contractors Association (FCICA) announce their partnership in hosting a convention and trade show, scheduled to take place from September 20 to 22 at Rosen Shingle Creek in Orlando, Florida.

Mortgage Applications Declined 4.6% in Week Ending May 19

Washington, DC, May 24, 2023—Mortgage applications decreased 4.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 19, 2023.

Choice Hotels Seeks to Buy Wyndham

New York, NY, May 24, 2023—Choice Hotels International is seeking to buy Wyndham Hotels & Resorts, according to people familiar with the matter, a deal that would create one of the biggest budget hotel owners in the country with brands including Days Inn and Econo Lodge, according to the Wall Street Journal.