Overall Construction Spending Up in November
Washington, DC, January 2, 2008--Spending on U.S. construction projects rose by 0.1 percent in November.
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Builders Association Predicts Bottom in 2Q
Washington, DC, January 2, 2008--The National Association of Home Builders is forecasting that the housing market could reach bottom by the second quarter of 2008.
Existing Home Sales Rise in November
Washington, DC, December 31, 2007--Existing U.S. home sales rose slightly in November from a record low, according to the National Association of Realtors.
Is Buffet Looking at Armstrong World Industries?
New York, NY, January 2, 2008--DealReporter, citing unnamed sources, said that Berkshire Hathaway, owner of Shaw Industries, may again be pursuing Armstrong World Industries.
Iranian Rugs Losing International Market Share
January 2, 2008--Iranian made Persian rugs famous for their designs are losing market share, according to fibre2fashion.com.
More Cities Adding Green Building Programs
Washington, DC. January 2, 2008--The number of U.S. cities with green building programs has increased 418 percent, since 2003.
TEC Brand Has Updated Website
Aurora, IL, December 27, 2007--Specialty Construction Brands Inc. has updated its website for its TEC brand
New-Home Sales Fall To Lowest Level in 12 Years
Washington, DC, December 28, 2007-- Sales of new homes plunged 9 percent in November to their lowest level in more than 12 years, according to the Commerce Department.
Home Prices Post Largest Drop in 16 Years
New York, NY, December 26, 2007--U.S. home prices in October posted their largest monthly drop since 1991.
Consumer Confidence Rises in December
New York, NY, December 27, 2007—Consumer confidence was up in December.