| Feb 22, 2023 / The Right News Right When It Happens | Top Story | | Jan. Architecture Billings Index Score Rose to 49.3, New Project Interest Up to 55.2 | Washington, DC, February 22, 2023-The Architecture Billings Index (ABI) score for January was 49.3 compared to 48.4 in December (any score below 50 indicates a decline in firm billings), according to the American Institute of Architects (AIA). | |
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| Today's Flooring News | | Total Construction Starts Declined 27% in January, Says Dodge | Hamilton, NJ, February 22, 2023-Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to Dodge Construction Network. During the month, nonresidential building starts fell 38%, residential starts lost 20%, and nonbuilding starts declined by 16%. | |
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| | Mortgage Applications Declined 13.3% in Week Ending February 17 | Washington, DC, February 22, 2023—Mortgage applications decreased 13.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 17, 2023. | |
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| | Hybrid Work Continues to Change the Corporate Workspace | Washington, DC, February 22, 2023-The pandemic and hybrid work scenarios resulting from it have changed the corporate office landscape in multiple ways, reports the Wall Street Journal. | |
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| Coverings Announces 2023's Top Ten Tile Trends | Arlington, VA, February 22, 2023—Coverings, North America’s largest international tile and stone exhibition and conference, has announced the top ten ceramic tile trends for 2023. | |
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| NTCA Announces March 2023 Workshops & Training Events | Flowood, MS, February 22, 2023—In March, National Tile Contractors Association (NTCA) will hold 20 NTCA workshops and six regional training events across the country. | |
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| Home Depot Invests $1B in Employee Pay, Starting Wage Now $15/Hour | Atlanta, GA, February 22, 2023—The Home Depot is investing an additional $1 billion in wage increases for its frontline hourly associates. | |
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Featured Video | | Blake Dennard Showcases Kaleen's New Products for 2023 | February 22, 2023—Blake Dennard, SVP with Kaleen, and Kemp Harr discuss the continued growth and product focus for Kaleen and showcase the new c | |
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