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Jul 01, 2022  /  The Right News Right When It Happens
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Construction Spending Inched Down 0.1% in May
Washington, DC, July 1, 2022—Construction spending during May 2022 was estimated at a seasonally adjusted annual rate of $1,779.8 billion, 0.1% below the revised April estimate of $1,782.5 billion, according to the U.S. Census Bureau.
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Today's Flooring News
Purchasing Managers Index Declines to Lowest Reading Since June 2020
Tempe, AZ, July 1, 2022—The June Manufacturing Purchasing Managers Index (PMI) registered 53%, down 3.1 percentage points from the reading of 56.1% in May, according to the latest Manufacturing ISM Report On Business.
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Hybrid Work Model Gaining Traction
Montclair, NJ, July 1, 2021—As the surge in Covid-19 cases in the last quarter of 2021 delayed some companies’ return-to-the-office plans, the hybrid work model continues to gain traction, says McMorrow Reports.
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Holly Badertscher Named VP of Marketing for Portobello America
Baxter, TN, July 1, 2022—Portobello America has announced that Holly Badertscher has joined the firm as vice president of marketing, a new role within the organization
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Morgan Tiemann Named Chief Marketing Officer for Louisville Tile
Louisville, KY, July 1, 2022—Louisville Tile Distributors recently announced the appointment of Morgan Tiemann as chief marketing officer, a new role for the organization.
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