Weather a Contributor to the Drop in January Home
Washington, DC, March 1--Unusually snowy conditions in the Midwest and Northeast contributed to a 9.2 percent decline in sales of newly built single-family homes in January.
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.
China Protects Domestic Timber while Smuggling Rar
Nanxun, China, March 1--China's voracious appetite for timber is threatening exotic forests as far away as Brazil, West Africa, Indonesia and Russia's Far East.
Manufacturing Slows in February
Tempe, AZ, March 1--Economic activity in the manufacturing sector grew in February for the 21st consecutive month, while the overall economy grew for the 40th consecutive month.
Carpet One’s New Store Design Program Increases Sa
Manchester, NH, March 1--Last February, Carpet One unveiled its comprehensive new store planning program, "Destination: Carpet One," designed to help its members create attractive, comfortable and functional retail environments.
Conference Board: Job Satisfaction Continues to F
New York, NY, March 1--Americans are growing increasingly unhappy with their jobs, The Conference Board reports today.
Hovnanian Acquires Cambridge Homes
Red Bank, NJ, March 1--Hovnanian Enterprises has acquired the assets of Cambridge Homes, a privately held Orlando homebuilder.
Chain Store Sales Up 1.5% Last Week
New York, NY, March 1—-Chain store sales increased by 1.5% in the week ended Feb. 26 compared to the week before, according to the International Council of Shopping Centers-UBS Retail Chain Store Sales Index. In the prior week the index was off 0.1%.
Pergo in Arbitration With HW Industries
Trelleborg, Sweden, March 1—Pergo has begun arbitration proceedings with HW Industries GmbH & Co KG in a case that concerns the reciprocal claims submitted by both parties.
NAR: Sales of Second Homes Surge
Washington, DC, March 1--A new study shows sales of second homes surged in 2004, and that investment property and vacation homes make up a significant portion of the overall housing market.
Construction Spending Record-Setting in January
Washington, DC, March 1—-Construction spending increased 0.7 percent in January to a record $1.047 trillion annual rate, according to the Commerce Department.