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Sep 20, 2023  /  The Right News Right When It Happens
Top Story
Shaw Industries to Close West Coast “Tuftex” Carpet Mill
Dalton, GA, September 20, 2023-Shaw is closing its West Coast carpet manufacturing operations, which includes both tufting in Santa Fe Springs, California and yarn manufacturing in Yuma, Arizona. These products were branded as Anderson Tuftex. The tufting operation will be moved to Northwest Georgia
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Today's Flooring News
AIA Architecture Billings Index Eased to 48.1 in August
Washington, DC, September 20, 2023-The AIA/Deltek Architecture Billings Index (ABI) eased modestly in August with a score of 48.1, down from 50.0 in July, marking the eleventh consecutive month of essentially flat billings at architecture firms.
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Total Construction Starts Rose 6% in August on Commercial Increase
Hamilton, NJ, September 20, 2023-Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.3 trillion, according to Dodge Construction Network. Nonresidential starts rose 40% thanks to a large pickup in manufacturing and transportation buildings. Residential and nonbuilding starts fell 1% and 14%, respectively.
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Mohawk Releases 2022 Environmental, Social & Governance Report
Calhoun, GA, September 20, 2023-Mohawk Industries has published its 2022 Environmental, Social and Governance (ESG) Report.
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CARE Submits Carpet Assessment Increase Request to CalRecycle
Dalton, GA, September 20, 2023-On September 20, CARE submitted a formal request to CalRecycle for an amendment to the 2023-2027 Carpet Stewardship Plan to increase the assessment levels on January 1, 2024.
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Mortgage Applications Rose 5.4% for Week Ending September 15
Washington, DC, September 20, 2023—Mortgage applications increased 5.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 15, 2023.
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High Interest Rates & Home Shortage Impacting Rental Investors
New York, NY, September 20, 2023—"It isn’t just regular Americans who are having trouble buying houses these days,” reports the Wall Street Journal.
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