Floordaily

Oct 18, 2023 / The Right News Right When It Happens

Top Story

Housing Starts Rose 7% in September

Washington, DC, October 18, 2023—Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,358,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced, 7.0% above the revised August estimate of 1,269,000 but 7.2% below the September 2022 rate of 1,463,000.

Today's Flooring News

AIA Billings Index Declined to 44.8 in September

Washington, DC, October 18, 2023—The AIA/Deltek Architecture Billings Index (ABI) score of 44.8 for September is the lowest score reported since December 2020 during the height of the pandemic.

NFA Fall Meeting Underway Now in Coeur d’Alene

Coeur d’Alene, ID, October 18, 2023—The National Floorcovering Alliance fall meeting is underway now in Coeur d’Alene, Idaho, running through October 20.

FEI Group Meeting Starts Today in San Antonio

San Antonio, TX, October 18, 2023—The FEI Group meeting begins today in San Antonio, Texas, running through October 20.

Portobello America Holds Grand Opening for Tennessee Factory

Baxter, TN, October 18, 2023—Portobello America held a grand opening ceremony yesterday for its new plant in Baxter, Tennessee.

Total Construction Starts Slid 6% in September

Hamilton, NJ, October 18, 2023—Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network.

Mortgage Applications Declined 6.9% in Week Ending October 13

Washington, DC, October 18, 2023—Mortgage applications decreased 6.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2023.