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The pace of decline in U.S. manufacturing activity waned for the third straight month in January, raising hopes that recovery was imminent for the recession-mired sector.

Consumers, which contribute to approximately two-thirds of the nation¿s economic activity, slightly pulled back on their spending in December.

Beaulieu Group LLC has signed a letter of intent to sell its rug division to and Springs Industries Inc.

Sales of new U.S. homes rose 5.7% in December and set a record for the year, according to the Commerce Department.

The National Association of Floor Covering Distributors (NAFCD) has announced the schedule for its fourth annual teleconference program. This year’s teleconferences will be presented by Dave Kahle of DaCo Corp.

Armstrong has relaunched its website at www.armstrong.com to better reflect the company’s brand image and to make the site easier to navigate.

Sales of existing single-family homes set a new annual record in 2001 and monthly sales slipped in December, according to the National Association of Realtors (NAR).

Goodwin Heart Pine recently appointed Daniel Boone president.

For the second year running, National Floor Trends will present virtual editorial coverage of Surfaces 2002 in Las Vegas, Jan. 30 through Feb. 1.

Armstrong World Industries has appointed Michael J. Badar vice president of Wood Flooring, the division recently integrated into Armstrong Floor Products (AFP).