Floordaily

Aug 04, 2022 / The Right News Right When It Happens

Top Story

America's Floor Source Acquires Reliant Flooring Solutions

Columbus, OH, August 4, 2022-America’s Floor Source is acquiring Reliant Flooring Solutions, reports Columbus Business First.

Today's Flooring News

Mohawk Closing Bennettsville, SC Carpet Yarn Factory

Calhoun, GA, August 4, 2022-Mohawk Industries will transition its Bennettsville, South Carolina yarn conversion and extrusion operations to manufacturing facilities in northwest Georgia.

Mortgage Rates Drop Below 5% for First Time Since April

New York, NY, August 4, 2022—Mortgage rates dropped to their lowest level since April, offering a reprieve to prospective homebuyers who have been hit this year with higher rates and surging prices, according to the Wall Street Journal.

Goods & Services Deficit Declined to $79.6B in June

Washington, DC, August 4, 2022—The goods and services deficit was $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Initial Jobless Claims Rose by 6,000 in Week Ending July 30

Washington, DC, August 4, 2022—In the week ending July 30, the advance figure for seasonally adjusted initial claims was 260,000, an increase of 6,000 from the previous week's revised level, according to the Department of Labor.