Consumer Confidence Index Improves in December
New York, NY, December 28, 2006--The Conference Board Consumer Confidence Index, which was virtually unchanged in November, improved in December.
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Existing Home Sales Up 0.6%
Washington, DC, December 28, 2006--Sales of existing homes rose 0.6% in November, to a seasonally adjusted annual rate of 6.28 million, the National Association of Realtors said Thursday. Inventories of unsold homes fell 1%, to 3.82 million, representing
NAM: Economy Decelerating Toward Soft Landing
Washington, DC, December 27, 2006--“After slowing to a ‘below-potential’ pace in recent quarters, the economy will continue decelerating toward a ‘soft landing’ in the coming year,” said David Huether, chief economist for the National Association of Manuf
New Home Sales Up 3.4% in November
Washington, DC, December 27, 2006--Sales of new homes in November rose 3.4 percent to an annual pace of 1.047 million following a 1.013 million rate the prior month, which was faster than previously reported, according to a Commerce Department report.
Beaulieu Intros Coronet Soft Classics
Dalton, GA, December 26, 2006--Beaulieu of America has launched a new carpet collection called Coronet Soft Classics. The collection is positioned as the retailers’ new “Go To” Retail Profit And Selection Center.
Retailers Hoping for Post-Holiday Surge
New York, NY, December 26, 2006--Consumers are expected to troop back to retail stores Tuesday, looking to return ill-fitting apparel, cash in gift cards and take advantage of post-Christmas clearance discounts.
Nylene Canada and Blueridge Home Intro New Product
Ellijay, GA, December 22, 2006--Effective January 1, 2007, Blueridge Home residential carpet styles will transition from Anso to Natq Home and Natiq EnviroHome nylon.
GDP Revised Down to 2% in 3Q
Washington, DC, December 21, 2006--The economy grew at a 2% real seasonally adjusted annual rate in the third quarter, slightly lower than the 2.2% estimated a month ago, the Commerce Department reported.
Mohawk Discusses Environmental Initiatives
Calhoun, GA, December 21, 2006--Two decades ago Megatrends identified 10 trends that were expected to change society. The recently published Megatrends 2010 outlines issues that will impact our lives in the coming years, among them, the rise of conscious
Multifamily Stock Index Falls From Record High
Washington, DC, December 21, 2006--The current cooling trend in the housing market appears to have dampened investor confidence somewhat in companies whose primary business involves apartments and condos, according to the results of the latest Multifamily