Floordaily

Jun 08, 2022 / The Right News Right When It Happens

Top Story

U.S. Economy Expected to Grow 2.5% in 2022

New York, NY, June 8, 2022-The World Bank forecasts the economy to grow at a rate of 2.5% in 2022, reports the Wall Street Journal.

Today's Flooring News

New Single-Family Construction Slowed in Q1, Says NAHB

Washington, DC, June 8, 2022—New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show that the rate of year-over-year single-family construction growth in small and large metro urban, suburban and rural regional submarkets slowed in the first quarter of 2022 compared to the same time period as last year, with notable deceleration in large suburban markets.

Three New Members Join Fuse

Laguna Niguel, CA, June 7, 2022-Fuse Alliance, a member-owned organization of professional commercial flooring contractors, announced today that Quality Carpet + Flooring, Better Flooring and Central Illinois Commercial Flooring have joined the network as new members.

Mortgage Applications Declined 6.5% in Week Ending June 3

Washington, DC, June 8, 2022-Mortgage applications decreased 6.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2022.

Mannington Awards Two National Merit Scholarships

Salem, NJ, June 8, 2022-In recognition of the benefits that higher education provides to both individuals and the communities in which they live, Mannington is a corporate sponsor of the National Merit Scholarship Corporation and the underwriter of scholarships for children of its associates.