Floordaily

Oct 05, 2022 / The Right News Right When It Happens

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NFM Cuts Ribbon on New Omaha Flooring Showroom Today

Omaha, NE, October 5, 2022-Nebraska Furniture Mart is cutting the ribbon on a reset of its Omaha, Nebraska flooring showroom today.

Today's Flooring News

India-Based Responsive Industries Adding Distribution Center in SC

Mauldin, SC, October 5, 2022—Vinyl flooring manufacturer Responsive Industries will establish a distribution center in Mauldin, South Carolina, reports GSA Business Report

Owner of AK's McCulloch Commercial Flooring Pleads Guilty

Washington, DC, October 5, 2022—"The owner of a Fairbanks, Alaska, commercial flooring company, pleaded guilty on Sept. 22 for his role in a conspiracy to provide kickbacks related to contracts for commercial flooring services at a U.S. Army Facility,” according to The National Law Review.

Q2 U.S. Retail Vacancy Rate Hit Lowest Level in 15 Years

New York, NY, October 5, 2022—"Bricks-and-mortar store owners are emerging from the pandemic with surprising strength, posting some of their best numbers in years and plotting expansions as more Americans venture out to buy things again,” reports the Wall Street Journal.

Mortgage Applications Declined 14.2% in Week Ending September 30

Washington, DC, October 5, 2022--Mortgage applications decreased 14.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2022.

Goods & Services Deficit Narrowed By $3.1 Billion

Washington, DC, October 5, 2022--The goods and services deficit was $67.4 billion in August, down $3.1 billion from $70.5 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Private Sector Employment Added 208,000 Jobs in September

Roseland, NJ, October 5, 2022—Private sector employment increased by 208,000 jobs in September, and annual pay was up 7.8% year-over-year, according to the September ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.

Emser Named 2022 Vendor of the Year Twice

Los Angeles, CA, October 5, 2022—Emser Tile has been named 2022 Vendor of the Year by both the Bath & Kitchen Business Group (BKBG) and Do It Best Corporation in the “cabinets, flooring and major appliances” category.