Houzz Stat: Architects gain confidence
Architects and designers feel confident. The barometer reading for architects was 63 during the second quarter, while designers scored 66 — both indicate high confidence in the market. The scores were the same a year ago.
The barometer is an index designed to measure business sentiment. Scores over 50 indicate that there are more firms reporting higher business activity compared with the previous quarter than firms reporting lower activity. The higher the number over 50, the greater the proportion of firms reporting quarterly increases in business activity rather than decreases.
Score for size of architects’ new projects levels off. This chart shows the components of the Houzz Renovation Barometer: number of inquiries, number of new projects or orders, and size of new projects or orders. A reading over 50 indicates that there are more firms reporting that business activity is higher in these specific areas than firms reporting it is lower, relative to the previous quarter.
These scores are for architects and designers. As the chart shows, the barometer reading for the size of architects’ new projects or orders is lower year over year, though it’s still above 50. In other words, there are still more firms reporting an increase in the size of new projects than there are firms reporting a decrease, but the trend is not as pronounced as it was one year ago.
Read on for more Barometer results, here.
Fypon rounds out Craftsman offerings
Fypon is rounding out its Craftsman-style offerings with two new crosshead designs.
The Craftsman Cove Crosshead mimics the look of a wood built-up crosshead with cove and top trim. It also comes in a 216" width for customized cutting. It features a stepped design featuring a breast-board layered with two moulding pieces.
Additional end caps are available for this style to create a more modern finish, available in 3 ½” and 5 ½” width to fit standard window and door trim.
Long-length crossheads also make it easier to install over garage doors, eliminating the need to place two pieces together, then patching or adding a keystone to cover it.
“These new crosshead offerings give builders and contractors the benefit of being able to cut the long linear length on-site to exact requirements,” said Michelle Hall, product manager, Fypon. “All they have to do is measure, cut, then glue and screw. Plus, multiple moulding build-up is not required, saving time and money.”
Both Craftsman crossheads include a slanted top projection to allow for moisture run-off.
Lowe’s unveils a furniture collection
Lowe's is getting into the furniture game via a collaboration with Scott Living.
"The home is an intimate and personal place. Our collaboration with Scott Living makes stylish, cozy and affordable furnishings and décor accessible, and reimagined spaces achievable," said Angie Shore, vice president of merchandising for home décor at Lowe's. "Our digital showroom features coordinated looks, design tips and products in one location, helping consumers imagine and bring their vision to life."
The Scott Living indoor furniture collection and digital showroom features furniture collections from Drew and Johnathan Scott (aka the Property Brothers). The Lowe's website features hundreds of these furnishings and decor items for the living room, bedroom, dining, kitchen and office.
"The Scott Living furniture collection blends our liveable-chic style with thoughtful details and good value," said Jonathan Scott. "Lowe's was the perfect fit for a digital showroom as we look to offer inspirational solutions to furnishing and accenting the home."
"With an assortment of furnishings and accents, homeowners can pick and choose the perfect layout to match their individual style," added Drew Scott. "We're excited about the digital showroom on Lowes.com and hope our tips and insight will inspire our fans to be bold and try new things with their spaces."
The Scott Living collection at Lowe's is available online; select furnishings will also be available later this month at the Lowe's stores in the Chelsea and Upper West Side neighborhoods of New York City.