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Anna Arbor, MI, March 3, 2006--Consumer sentiment weakened slightly in late February, according to research from the University of Michigan. The university reported that the consumer-sentiment index dropped to 0.07 points to 86.7 points in late February.
Chattanooga, TN, March 02, 2006--The Dixie Group reported income from continuing operations for the fourth quarter of $3.3 million, or $0.25 per diluted share, compared with $5.0 million, or $0.40 per diluted share, for the prior-year period.
Washington, DC, March 1, 2006--Spending on construction projects increased a lower-than-expected 0.2% in January, the Commerce Department said Wednesday.
Calhoun, GA, March 1--Mohawk Industries, Inc., agreed to purchase one plant located in Roanoke, Alabama, that produces secondary carpet backing from Propex Fabrics Inc. The new plant employs approximately 470 individuals.
Washington, DC, February 28, 2006-- The economy grew at a 1.6% annual pace in the fourth quarter, a bit faster than previously thought, while core inflation was a touch lower, according to the Commerce Department.
Washington, DC, February 28, 2006--Sales of existing homes, including single-family, townhomes, condominiums and co-ops, declined 2.8 percent to a seasonally adjusted annual rate1 of 6.56 million units in January.
Dallas, TX, February 27, 2006--Hanley Wood has said that Surfaces 2006 was a record setter. The company said that 40,588 retailers, manufacturers, distributors, architects, designers, builders and installers.
Mooresville, NC, February 27, 2006--Lowe's today reported fourth quarter net earnings that increased 36.8 percent to $695 million over the same quarter of the prior year.
Lancaster, PA, February 24, 2006--Armstrong Holdings, Inc., today reported an operating loss of $10.1 million for the fourth quarter of 2005 compared to an operating loss of $134.8 million in the fourth quarter of 2004.
Calhoun, GA, February 23, 2006--Mohawk Industries reported fourth-quarter earnings that declined on charges related to the company's acquisition of Unilin.