December Home Starts Ahead of Expectations
Washington, DC, Jan. 17, 2014 -- New home construction starts fell 9.8% in December to a seasonally adjusted annual rate of 999,000, ahead of economists' expectations.
Today's Flooring News
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Consumer Sentiment Dips in Early January
Ann Arbor, MI, Jan. 17, 2014 -- Consumer sentiment edged down in January, according to the University of Michigan/Thomson Reuters survey.
Factory Output Rises for Fifth Straight Month
Washington, DC, Jan. 17, 2014 -- U.S. factory output rose for a fifth straight month in December, according to the Federal Reserve.
Crossville Names Director of Distribution Division
Crossville, TN, Jan. 17, 2014 -- David Koenig has been appointed to the newly created position of director of Crossville Tile & Stone, the company-owned distribution division of tile maker Crossville.
Industrial Production Edges Up in December
Washington, DC, Jan. 17, 2014 -- Industrial production in December grew 0.3%, the Federal Reserve said Friday.
Builder Confidence Levels Off in January
Washington, DC, Jan. 16, 2014 -- Builder confidence in the market for single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders/Wells Fargo Housing Market Index.
Foreclosure Starts Lowest Since 2007
Irvine, CA, Jan. 16, 2014 -- Foreclosure starts fell last year to the lowest level since 2007, according to foreclosure listing firm RealtyTrac.
Cersaie To Show Flooring Other Than Ceramic
Bologna, Italy, Jan. 16, 2014 -- Cersaie will longer be just for ceramic tile, organizers said.
Initial Jobless Claims Edge Lower
Washington, DC, Jan. 16, 2014 -- Initial jobless claims fell by 2,000 to 326,000 in the week ended Jan. 11, the Labor Department said.
Manufacturing Strengthens in Philadelphia Area
Washington, DC, Jan. 16, 2014 -- The Philadelphia Fed's manufacturing index rose to a reading of 9.4 in January from a downwardly revised 6.4 reading in December.