Consumers More Optimistic in March
New York, NY, March 29, 2016 -- Consumer confidence improved in March, the Conference Board said.
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Builder Lennar Reports Higher Earnings, Revenues
Miami, FL, March 29, 2016 -- Homebuilder Lennar reported first quarter net income of $144.1 million, or $0.63 per share, compared to $115.0 million, or $0.50 per share, a year ago.
Atlanta Fed Revises Q1 GDP Estimate Lower
New York, NY, March 29, 2016 -- The Atlanta Federal Reserve said its GDPNow forecast model shows the economy is growing at a pace below 1% in the first quarter.
Pending Home Sales Rise in February
Washington, DC, March 28, 2016 -- Pending home sales in February jumped 3.5%, the National Association of Realtors reported Monday. Pending sales reached the highest level in seven months.
Home Renovation High Priority for Consumers, Survey Says
New York, NY, March 28, 2016 -- Nearly two out of three consumers say they are planning to renovate their homes, according to a new survey from LightStream, a division of SunTrust Bank.
Business Economists Predict Slower Growth
Washington, DC, March 28, 2016 -- Business economists are predicting weaker growth in the economy than they were late last year, according to a survey by the National Association of Business Economists.
Personal Income, Spending, Top Expectations
Washington, DC, March 28, 2016 -- Personal income and spending rose 0.5% in February, according to the Commerce Department.
Mortgage Rates Decline Last Week
Washington, DC, March 28, 2016 -- After four straight weeks of increases, mortgage rates dipped last week, according to Freddie Mac.
Global Tile Demand in 2020 To Hit $120 Billion
New York, NY, March 28, 2016 -- Global demand for ceramic tiles market was valued at around $72.0 billion in 2014 and is expected to reach around $120.0 billion in 2020, according to a report by Zion Research.
Analysts Bullish on Mohawk Stock
New York, NY, March 28, 2016 -- The stock of Mohawk Industries has received an average recommendation of “Buy” from the 10 ratings firms that are covering the stock, according to MarketBeat.