| | | Jun 29, 2022 / The Right News Right When It Happens | | Top Story | | | | Armstrong Auction Pushed Back Until July 5 | | Lancaster, PA, June 29, 2022—The auction for the assets of Armstrong Flooring has been moved until July 5. | | |
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| | Today's Flooring News | | | | Mortgage Applications Rose 0.7% in Week Ending June 24 | | Washington, DC, June 29, 2022-Mortgage applications increased 0.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 24, 2022. | | |
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| | | | Q1 GDP Revised from 1.5% Decline to 1.6% Decline in Third Estimate | | Washington, DC, June 29, 2022-Real gross domestic product (GDP) decreased at an annual rate of 1.6% in the first quarter of 2022, according to the third estimate released by the Bureau of Economic Analysis. | | |
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| | | | Housing Headwinds Forcing Some Home-Seekers to Give Up the Hunt | | New York, NY, June 29, 2022—"Steeper borrowing rates and high prices in the housing market are leading many buyers to give up. That is welcome news for owners of single-family rental homes,” reports the Wall Street Journal. | | |
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| | | Crossville Promotes Kettering & Coggins to Director Positions | | Crossville, TN, June 29, 2022-Crossville has announced two promotions within its sales organization. Tom Kettering and Anthony Coggins are both expanding their roles as directors of sales for their respective geographic regions. | | |
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| Featured Video | | | | Karen Bellinger Discusses Küberit's Best of NeoCon Silver Award | | June 29, 2022—Karen Bellinger, VP with Küberit USA, and Kemp Harr discuss this flooring profile and transition brand’s debut at NeoCo | | |
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