| Jul 01, 2022 / The Right News Right When It Happens | Top Story | | 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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