New Home Sales Off
Washington. Dec. 24--Sales of new homes sank about 2.4 percent to a seasonally adjusted annual rate of 1.08 million, the Commerce Department estimated Wednesday.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Avery Sports Turf Announces Acquisition and Patent
Minneapolis, Dec 23-- Avery Sports Turf, Inc. announced it has purchased the building in Rome Georgia, as well as the proprietary and manufacturing assets of a company previously operating under the same name.
Tight German Visa Regulations May Pose Problem For
Bhadohi, India, Dec 24--The participation of Indian carpet exporters at the 'Domotex Fair' in Germany next month is doubtful due to visa restrictions imposed by that country, according to the Hindu News Service.
Earth-like Carpet Woven In Iran
Birjand, Iran, Dec 24 - A unique earth-shaped carpet has been woven by a couple of weavers from the city, northeastern Iran, according to IRIB News.
Orders for Durable Goods Drop In November
Washington, Dec. 24-- Durable-goods orders unexpectedly fell for the first time in three months in November.
Bayer Expects To Show Slight Loss For 2003
Frankfurt, Germany, Dec. 22--Bayer AG said Monday that it will take charges in the fourth quarter exceeding €2.2 billion ($2.7 billion), mainly because of the recently announced partial splitoff of its chemicals and polymers businesses.
Home Depot Tries Mid Range Stores
Brea, CA, Dec. 23--The Home Depot store on Imperial Highway in this Orange County city looks like your typical warehouse-style home improvement center from the outside.
Last Shopping Weekend Before Christmas Disappoints
New York, NY, Dec. 22--The critical last weekend before Christmas didn't deliver the sale bonanza merchants were hoping for.
Invista Eyes Relocation
Wilmington, DE, Dec. 22--DuPont's Invista fibers unit said it might relocate its headquarters once its sale to Koch Industries Inc. closes in the first half of 2004,
Personal Spending Up
Washington, DC, Dec.23--Personal spending rose in November, the government said Tuesday, falling short of Wall Street forecasts, as the holiday shopping season got off to a slower start than expected.