The value of new construction contracts in the United States rose 3% in April, supported largely by increases in spending on public buildings and a small jump in contracts for new residential housing, according to F.W. Dodge, a building research division of publisher McGraw-Hill.
The Conference Board's Consumer Confidence
Index, which declined in April, snapped back in May. The Index now stands
at 115.5 (1985=100), up from 109.9 in April.
Sales of new homes fell in April for the first time in three months, but held at a level above the record number sold during the same period three years ago, the U.S. Commerce Department reported.
Consumers and industry professionals will soon be able to note their local floor covering retailers’ degree of proficiency thanks to a new certification program approved by the World Floor Covering Association (WFCA).
Dal-Tile International Inc. announced the public offering of 16 million shares of common stock by certain selling stockholders priced at $13.75 per share.
The House2Home chain of home decorating centers is now carrying Shaw Industries’ Kathy Ireland rug collection and Shades of America Colorwall carpet line.