Spending on U.S. construction projects rose unexpectedly in December, the U.S. Commerce Department reported, led by gains in single-family home and office building.
Sales of new homes jumped unexpectedly in December, the government said in a report showing a resilient market for new housing even as economic growth slows abruptly.
The Dixie Group Inc. has announced that results for the fourth quarter and year ended Dec. 30, 2000, will be adversely affected by lower-than-anticipated sales revenue, costs related to consolidation of the company's North Georgia operations and the closing of a beck dyeing operation.
The National Association of Floor Covering Distributors (NAFCD) has reached full capacity for its exclusive NAFCD members-only educational session, “Taking Control of Your Territory,” scheduled for Thurs., Feb. 1, from 7:30 to 9:30 a.m. at Harrah’s Las Vegas Casino Hotel.
Sales of existing single-family homes fell last month, but 2000 was the second-highest year on record, according to the National Association of Realtors (NAR). A rebound is likely, but the association is concerned it may be short lived.
Dal-Tile International reported record sales and profits for fiscal year 2000. Sales increased $101.6 million, or 11.9%, to $952.2 million compared to $850.6 million in 1999.
Blue Ridge Commercial Carpet’s Heirloom product collection has been named a winner of the Museum of Architecture and Design’s Good Design Award for 2000.
Burlington Industries Inc. has reported a net loss of $11.5 million, or 22 cents per share, for the first quarter of fiscal 2001. This compares to a net loss of $5.3 million or 10 cents per share in the first quarter a year ago.
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