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Nov 15, 2023 / The Right News Right When It Happens

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Architecture Billings Index Declined to 44.3 in October

Washington, DC, November 15, 2023—The October score for the AIA/Deltek Architecture Billings Index (ABI) was 44.3.

Today's Flooring News

CRI Elects New Board at Annual Meeting, Yarbrough Wins Smrekar Award

Dalton, GA, November 15, 2023-The CRI annual meeting was held this morning in Dalton, Georgia, marking Russ DeLozier’s first as president.

Retail Sales Declined 0.1% in October, Up 2.5% YOY

Washington, DC, November 15, 2023-Advance estimates of U.S. retail and food services sales for October 2023 were $705.0 billion, down 0.1% from the previous month and up 2.5% above October 2022, according to the U.S. Census Bureau.

NAFCD Conference Attendance Reaches Pre-Covid Numbers

Colorado Springs, CO, November 15, 2023—The North American Association of Floor Covering Distributors (NAFCD) and the North American Building Material Distribution Association kicked off their annual conference yesterday.

Mortgage Applications Rose 2.8% in Week Ending November 10

Washington, DC, November 15, 2023-Mortgage applications increased 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 10, 2023.

NAR's Yun Predicts Existing-Home Sales Will Rise 15% in 2024

Anaheim, CA, November 15, 2023—Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans, according to NAR chief economist Lawrence Yun.

Producer Prices Declined 0.5% in October

Washington, DC, November 15, 2023-- The Producer Price Index for final demand fell 0.5% in October, seasonally adjusted, after advancing 0.4% in September, the U.S. Bureau of Labor Statistics reported.

Distributive Trade Sales & Manu. Shipments Up 1.1% in September

Washington, DC, November 15, 2023-The combined value of distributive trade sales and manufacturers’ shipments for September was estimated at $1,879.3 billion, up 1.1% from August 2023 and was up 1.6% from September 2022, according to the U.S. Census Bureau.

Florim to Hold Grand Opening of New York City Showroom Tomorrow

New York, NY, November 15, 2023—Florim will hold a grand opening at its flagship New York City showroom on November 16, from 5:00 to 9:00 p.m. EST.