| | | Aug 01, 2022 / The Right News Right When It Happens | | Top Story | | | | Construction Spending Inched Down 1.1% in June | | Washington, DC, August 1, 2022—Construction spending during June 2022 was estimated at a seasonally adjusted annual rate of $1,762.3 billion, 1.1% below the revised May estimate of $1,781.9 billion, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | U.S. Imports of Hardwood Plywood Surge | | Washington, DC, August 1, 2022—U.S. imports of hardwood plywood have surged, though the growth rate is slowing overall, reports the Decorative Hardwoods Association. | | |
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| | | | Manufacturing Index Registered 52.8% in July | | Tempe, AZ, August 1, 2022—The July Manufacturing Purchasing Managers Index (PMI) registered 52.8%, down 0.2 percentage point from the reading of 53% in June, say the nation's supply executives in the latest Manufacturing ISM Report On Business. | | |
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| | | | AHF Pays $1M for Right to Use Armstrong Brand Name | | Lancaster, PA, August 1, 2022-In a settlement filed July 29, AHF agreed to pay $1 million to Armstrong World Industries (AWI) for the right to use to the Armstrong brand name. | | |
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| Featured Video | | | | Santo Torcivia Discusses the Nation's Economic Growth Despite Recent GDP News | | July 29, 2022—Santo Torcivia, an economist with Market Insights, and Kemp Harr discuss how GDP numbers are misleading as an indicator of economi | | |
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