Retail sales data for the month of June from the United States Department of Commerce and the National Retail Federation (NRF) showed relatively positive traction on the consumer spending front despite tailing off at the end of the second ...
Tags: economy
The housing rebound combined with better traffic and higher tickets helped Havertys to double-digit increases in second quarter sales and same-store sales. Total sales increased 12.9% to $171.1 million for the period, from $151.5 million ...
Tags: Furniture, Furnishing
Catalina Research and Ceramic Tile And Stone Consultants, Inc. (CTaSC), a national company providing marketing research and business planning services, announced the release of their 2013 Catalina Report on Natural and Manufactured Stone. ...
Tags: Construction, Decoration
Driven by rising home prices and growing demand,the U.S.housing recovery is well underway,concludes The State of the Nation's Housing report released today by the Joint Center for Housing Studies of Harvard University.While still at ...
Tags: housing recovery, home prices, demand, renter
The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released recently. The list includes entrants from ...
Tags: Housing Markets, IMI
Growth in home sales and prices is contributing to a broader improvement in the overall economy, aided in part by current homeownership tax treatment, according to presentations at a residential real estate forum during the Realtors Midyear ...
Tags: Housing, Economy, Construction&Decoration, mortgage interest
The shape of homeownership and housing markets has changed dramatically over time and will continue to change in the face of new housing opportunities and challenges. That’s according to panelists at the “Challenges and ...
Tags: Housing Market, Opportunities
Asia's paraxylene market extended falls Monday morning, with the CFR Taiwan/China PX price benchmark declining quickly to under the psychological $1,600/mt mark for the first time in three months under heavy sell pressure, market sources ...
Tags: paraxylene market, paraxylene, PX Market
Our team of editors, market analysts, and television producers departs today for the 2013 International Builders' Show, which takes place January 22-24 in Las Vegas. With the housing market in the midst of a bona fide rebound—home ...
Tags: 2013 International Builders'Show, housing market, construction
The Australian dollar gained today after US lawmakers agreed on a range of measures designed to avert sweeping tax hikes and around $US110 billion in spending cuts, known as the fiscal cliff. After weeks of negotiations that had already ...
Tags: Australian Dollar, US, Fiscal Cliff, currency
Bloomberg reported that steel reinforcement bar futures climbed to a five month high, heading for the best quarterly performance in two years, on optimism that a recovery in the real estate market in China, the biggest user may boost ...
Tags: steel reinforcement bar, real estate market, China, steel
With its proposed $1 billion acquisition of Akzo's North American house paint business PPG Industries, Inc. has found a use for the $900 million in cash proceeds from its soon to be completed commodity chemicals divestiture. Importantly, ...
Tags: Housing Recovery, PPG Industries, Construction, Akzo
Good news for glass companies focused on the multi-family and remodeling segments:Optimism reigned during the National Association of Home Builders'(NAHB)Construction Forecast webinar today.David Crowe,NAHB chief economist,opened the ...
Tags: glass industry, NAHB, construction
With 44 consecutive months below 800,000 starts,the construction industry has been waiting patiently for that number to rise. "It finally just went above 800,000 last week and I don't know if I should open the champagne or not,"said Chip ...
Tags: construction industry, Chip Case, single-family housing, condominium
McGraw-Hill Construction,part of The McGraw-Hill Companies,presented the 2013 Dodge Construction Outlook at the 74th annual Outlook Executive Conference in Washington,D.C.,this week.The report predicts total U.S.construction starts in 2013 ...
Tags: US, construction, DCO