Nationwide housing starts fell 2.6% in April to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Lifetime Brands’ consolidated net sales were $113.4 million in the first quarter of 2017, compared to consolidated net sales of $110.9 million for the corresponding period the year prior.
The Leading Market Index (LMI) shows that markets in 183 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the first quarter of 2017.
Based on current price, permit and employment data, markets nationwide are running at an average of 100% normal economic and housing activity, according to the recently released National Association of Home Builders/First American Leading Markets Index (LMI).
Mohawk Industries, Inc. recently announced 2017 first quarter record net earnings of $201 million and diluted earnings per share (EPS) of $2.68, a 16.5% increase vs. the prior year’s quarter.
This weekly roundup highlights the ceramic, glass, refractories, brick and related news stories that garnered the most attention during the previous week.
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) had an increase of five points from the fourth quarter of 2016 and the highest reading since 2015.
The Kohler Signature Store by First Supply has become the first retail space in the U.S. to receive Leadership in Energy and Environmental Design (LEED) Gold certification under the new LEED v4 guidelines.
The Oneida Group’s new location in Central Ohio will provide the accessibility to major cities that the company requires while also providing access to top talent, business partners, and designers while operating as a global location to serve customers.
The Oneida Group Inc. recently announced plans as part of its corporate and innovation growth strategy to open its global headquarters in Columbus, Ohio.
The NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months.