| | | May 21, 2025 / The Right News Right When It Happens | | Top Story | | | | Architecture Billings Index Declined to 43.2 in April | | Washington, DC, May 21, 2025—The AIA/Deltek Architecture Billings Index (ABI) dropped to 43.2 in April, down from 44.1 in March. This decline reflects an accelerated decrease in billing activity. | | |
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| | Today's Flooring News | | | | Home Depot Sales Rose 9.4% in Q1, Earnings Down 5.6% | | Atlanta, GA, May 20, 2025-The Home Depot reported sales of $39.9 billion for Q1 2025, an increase of 9.4% from Q1 fiscal 2024. | | |
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| | | | Lowe's Q1 Sales Declined 2.3%, Earnings Down 6.5% | | Mooresville, NC, May 21, 2025—Lowe's reported total sales for Q1 2025 were $20.9 billion, a 2.3% decline compared to $21.4 billion in the prior-year quarter. | | |
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| | | | Bob Spahn, Former VP with Shaw, Has Died | | Dalton, GA, May 21, 2025-John Robert (Bob) Spahn, 72, former vice president with Shaw Industries, died May 19. | | |
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| | | Mortgage Applications Declined 5.1% in Week Ending May 16 | | Washington, DC, May 21, 2025—Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 16, 2025. | | |
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| Featured Video | | | | Dave Chambers Discusses Nebraska Furniture Mart's Flooring Showroom Reset in Kansas City | | May 21, 2025—Dave Chambers, Director of Flooring for Nebraska Furniture Mart, and Kemp Harr discuss the flooring department showroom reset at th | | |
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