Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Washington, DC, June 30, 2022-Personal income increased $113.4 billion (0.5%) in May, according to the Bureau of Economic Analysis. Disposable personal income (DPI) increased $96.5 billion (0.5%), and personal consumption expenditures (PCE) increased $32.7 billion (0.2%).
Washington, DC, June 30, 2022—In the week ending June 25, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Manchester, NH, June 30, 2022-CCA Global Partners Retail Group is prepping for its summer convention “The Future Of Next” at the Gaylord Opryland Resort & Convention Center in Nashville from August 8 to 10, featuring a roster of events and speakers including keynoter Kevin O’Leary from NBC’s Shark Tank.
Santa Fe Springs, CA, June 30, 2022—Galleher, a west coast flooring distributor, continues to add expertise to its financial management team with the addition of Irina Slonim as its corporate controller.
Flowood, MS, June 30, 2022—The National Tile Contractor Association (NTCA) has day-long free training programs on substrate prep and large-format tile installation or gauged porcelain tile panel installations in Georgia and Kentucky scheduled for July.
Chattanooga, TN, June 30, 2022—Xpress Global Systems (XGS) is broadening its service area to include Missouri.
Lancaster, PA, June 29, 2022-The auction for the assets of Armstrong Flooring has been moved until July 5.
Washington, DC, June 29, 2022-Mortgage applications increased 0.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 24, 2022.
Washington, DC, June 29, 2022-Real gross domestic product (GDP) decreased at an annual rate of 1.6% in the first quarter of 2022, according to the third estimate released by the Bureau of Economic Analysis.
New York, NY, June 29, 2022—"Steeper borrowing rates and high prices in the housing market are leading many buyers to give up. That is welcome news for owners of single-family rental homes,” reports the Wall Street Journal.