Floordaily

Jul 01, 2024 / The Right News Right When It Happens

Top Story

May Construction Spending Declined 0.1% from April, Up 6.4% YOY

Washington, DC, July 1, 2024—Construction spending during May 2024 was estimated at a seasonally adjusted annual rate of $2,139.8 billion, 0.1% below the revised April estimate of $2,142.1 billion, according to the U.S. Census Bureau.

Today's Flooring News

America's Floor Source Opens New Headquarters in Columbus, OH

Columbus, OH, July 1, 2024-America’s Floor Source, an Ohio-based flooring retailer with 12 locations in four states, held a grand opening of a new headquarters in Columbus, Ohio on June 27.

Cash Poor LL Flooring to Sell Virginia Distribution Center

Richmond, VA, July 1, 2024-"LL Flooring Holdings on Friday said it may run out of cash in the third quarter and has started the sale process of its Virginia distribution center to improve its liquidity,” reports MarketWatch.

Cushman & Wakefield Reports on Commercial Property Activity

Chicago, IL, July 1, 2024-Cushman & Wakefield, a global commercial real estate services firm for property owners and occupiers, issued the following information as part of its mid-2024 report.

Purchasing Managers' Index Inched Down to 48.5% in June

Tempe, AZ, July 1, 2024—The Manufacturing Purchasing Managers’ Index (PMI) registered 48.5% in June, down 0.2 percentage point from the 48.7% recorded in May, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

Nourison Home Names Wayne Pezzino Vice President of Sales

Saddle Brook, NJ, July 1, 2024—Nourison Home has appointed Wayne Pezzino as the new vice president of sales.

Grand Valley Tile and Flooring Joins Starnet

Columbus, OH, July 1, 2024—Starnet Commercial Flooring Partnership has announced the addition of Grand Valley Tile and Flooring.