Today's Flooring News

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Congoleum Sees Losses Rise in Fourth Quarter

Congoleum Sees Losses Rise in Fourth Quarter

Mercerville, NJ, March 30, 2009--Resilient manufacturer Congoleum Corp. said fourth quarter sales were $31.7 million, compared with sales of $43.8 million reported in the fourth quarter of 2007, a decrease of 27.6%.

Sales of Vacation Homes Fall in 2008

Washington, DC, March 31, 2009--Sales of vacation and investment homes in the U.S. fell to 30% of all transactions of existing and new homes in 2008, the National Association of Realtors said on Monday.