Pending Home Sales Rose 5.2% in January
Washington, DC, February 27, 2020-The Pending Home Sales Index grew 5.2% to 108.8 in January, according to the National Association of Realtors.
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Q4 2019 GDP Held Steady at 2.1% in Second Estimate
Washington, DC, February 27, 2020-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q4 2019, according to the second estimate released by the Bureau of Economic Analysis.
Toll Brothers Sales Revenues Down 2% YOY in Q1
Horsham, PA, February 27, 2020—Toll Brothers announced that home sales revenues were down 2% in Q1 2020, compared to Q1 2019; home building deliveries increased 5%.
Orders for Manufactured Goods Inched Down in January
Washington, DC, February 27, 2020—New orders for manufactured durable goods in January decreased $0.4 billion or 0.2% to $246.2 billion, the U.S. Census Bureau announced.
AHF Re-Introducing Hartco Brand
Mountville, PA, February 27, 2020—AHF Products is bringing back the Hartco brand as it transitions away from the Armstrong name.
High Point Market Announces Spring Keynote Lineup
High Point, NC, February 27, 2020—The High Point Market Authority announces its keynote series lineup for spring market, April 25 to 29.
Emser to Hold Grand Opening Event for King of Prussia Location
Philadelphia, PA, February 27, 2020—Emser is holding a grand opening of at its new King of Prussia branch on February 27 from 1:00 p.m. to 8:00 p.m.
Tennessee Wood Flooring Introducing Hemp Hardwood Product
Sevierville, TN, February 27, 2020-Tennessee Wood Flooring has announced it is releasing a hemp hardwood product in March, calling it the world’s first of its kind.
Interface FY '19 Sales Up 14% YOY & Income Up 58%
Atlanta, GA, February 26, 2020-For the fiscal year, Interface reported that net sales rose 14% YOY. And net income rose 58% to $79 million, compared to $50 million last year.
Lowe's Sales Rose 2.6% in Q4, Earnings Positive
Mooresville, NC, February 26, 2020—Lowe's Companies reported sales for Q4 2019 rose 2.6%, compared to Q4 2018, and comparable sales increased 2.5%. Comparable sales for the U.S. home improvement business increased 2.6% for Q4.