Floordaily

Jul 13, 2022 / The Right News Right When It Happens

Top Story

AHF Approved to Purchase Certain Assets of Armstrong

Mountville, PA, July 13, 2022—AHF Products has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, strengthening AHF Products’ leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business.

Today's Flooring News

Consumer Prices Rose 1.3% in June

Washington, DC, July 13, 2022- The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3% in June on a seasonally adjusted basis after rising 1.0% in May, the U.S. Bureau of Labor Statistics reported.

Mortgage Applications Declined 1.7% in Week Ending July 8

Washington, DC, July 13, 2022—Mortgage applications decreased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 8, 2022.

Euro Hits Lowest Level Since 2002

Washington, DC, July 13, 2022—The euro hit parity with the U.S. dollar on Tuesday for the first time in 20 years, meaning that the currencies have the same worth, reports CNBC.

Brent Crude Drops Under $100/Barrel

New York, NY, July 13, 2022--Worries about an economic slowdown have stoked a rapid reversal in oil prices, which had raced higher for much of the year, reports the Wall Street Journal.

Novalis Names Eric Straumins Director of Manufacturing for NA

Dalton, GA, July 13, 2022—Novalis Innovative Flooring recently welcomed Eric Straumins as the director of manufacturing for its North American operations.

Shaw Again Named to "50 Best Companies to Sell For" List

Dalton, GA, July 13, 2022—Shaw Industries has been named to Selling Power magazine’s 50 Best Companies to Sell For list in 2022.