| | | Nov 17, 2021 / The Right News Right When It Happens | | Top Story | | | | Construction Starts Up 16% in October | | Hamilton, NJ, November 17, 2021-Total construction starts pushed 16% higher in October to a seasonally adjusted annual rate of $1.01 trillion, according to Dodge Construction Network. | | |
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| | Today's Flooring News | | | | October Architecture Billings Index Inched Down to 54.3 | | Washington, DC, November 17, 2021-The Architecture Billings Index (ABI) score for October was 54.3, according to a report from The American Institute of Architects (AIA). | | |
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| | | | October Housing Starts Down 0.7% from September, but Up 0.4% YOY | | Washington, DC, November 17, 2021- Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,520,000, 0.7% below the revised September estimate of 1,530,000 but 0.4% above the October 2020 rate of 1,514,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced. | | |
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| | | | Lowe's Q3 Sales up 2.7%, Earnings Up 274.6% | | Mooresville, NC, November 17, 2021-Lowe’s reported total sales for Q3 2021 were $22.9 billion, a 2.7% increase compared to $22.3 billion in Q3 2020. | | |
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| | | Mortgage Applications Declined 2.8% in Second Week of November | | Washington, DC, November 17, 2021-Mortgage applications decreased 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 12, 2021. | | |
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| | | Stanton Implements Freight Surcharge on LVT Products | | Woodbury, NY, November 17, 2021-Stanton Carpet announced a price increase on luxury vinyl plank due to the fact that rising costs for container freight continue to rapidly escalate. | | |
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