Consumer Confidence Highest In 14 Months
New York, NY, Nov. 25--Consumer confidence surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said Tuesday.
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
New York, NY, Nov. 25--Consumer confidence surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said Tuesday.
New York, NY, Nov. 26--The Federal Housing Finance Board on Tuesday said the average single-family home purchase price rose to $243,756 in October from $235,717 a year earlier.
Washington, DC, Nov. 25--The U.S. Commerce Department reported Tuesday that corporate profits rose 30%, the largest year-over-year change in 19 years, in the third quarter.
Calhoun, GA, Nov. 24--Mohawk Industries Inc. said it completed its analysis and calculation of incremental depreciation and amortization expense for fiscal 2004 in connection with its acquisition of Lees Carpet.
Chattanooga, TN, Nov. 25--Tricycle, Inc., a leader in surface simulation and design technology, has announced the launch of Durkan Commercial’s “Digital Carpet Studio," developed through Tricycle’s proprietary SIM+Factory service.
New York, NY, Nov. 25--Home Depot Inc. and Lowe's Cos. are facing purported class-action lawsuits alleging their promotions offering payment and interest-free periods on purchases made with in-store credit cards actually force consumers to pay much mo
Midland, MI, Nov. 25--Dow Chemical Co. has sued four chemical shipping companies, accusing them of stifling competition by fixing prices and rigging bids, according to a court filing.
Hearst, ON, Nov. 25--Columbia Forest Products today announced the company will reduce operations at its Hearst plywood plant and lay off 39 employees.
Washington, Nov.25--Sales of existing single-family homes eased from an all-time high last month but remain at the third highest pace on record, according to the National Association of Realtors.
Dalton, GA, Nov. 25--For 2004, Mohawk has dozens of new products covering the spectrum of floor covering—carpet, hardwood, laminates, and ceramic tile.