Floordaily

Aug 12, 2022 / The Right News Right When It Happens

Top Story

Consumer Sentiment Rose 7.0% in Early August

Ann Arbor, MI, August 12, 2022—Consumer sentiment rose 7.0% to 55.1, according to preliminary results from the University of Michigan Survey of Consumers.

Today's Flooring News

Fuse Welcomes Three New Members

Laguna Nigel, CA, August 12, 2022—Fuse Alliance, a member-owned organization of professional commercial flooring contractors, announced that Total Flooring Contractors, JGP Commercial Flooring, and Future Flooring Group have joined the network as new members.

Home Prices Continued to Climb in Q2

Washington, DC August 12, 2022-Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022.

American Floorcovering Alliance Donates to Georgia Northwestern Tech

Dalton, GA, August 12, 2022-The American Floorcovering Alliance (AFA) has donated $135,000 to Georgia Northwestern Technical College (GNTC) to support the college’s flooring industry programs.

NAFCD Announces Speaker List for 2022 Convention

Chicago, IL, August 12, 2022— This fall, NAFCD and NBMDA plan to host a wide range of subject-matter experts at the 2022 NAFCD + NBMDA Annual Convention.

Commerce Department Investigates Vietnamese Hardwood Plywood

Washington, DC, August 12, 2022— The U.S. Department of Commerce recently published its preliminary affirmative determination in its circumvention investigation into hardwood plywood made with Chinese core materials and assembled in Vietnam, reports the Decorative Hardwoods Association.

Import Prices Declined 1.4% in July, Export Prices Down 3.3%

Washington, DC, August 12, 2022— U.S. import prices decreased 1.4% in July, after advancing 0.3% in June, the U.S. Bureau of Labor Statistics reported.