| | | Feb 28, 2018 / The Right News Right When It Happens | | Top Story | | | | Pending Home Sales Hit Three-Year Low in January | | Washington, DC, February 28, 2018ÂThe Pending Home Sales Index fell 4.7% to 104.6 in January from a downwardly revised 109.8 in December 2017, according to the National Association of Realtors. After last monthÂs retreat, the index is now 3.8% below a year ago and at its lowest level since October 2014 (104.1). | | |
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| | Today's Flooring News | | | | Q4 2017 GDP Estimate Revised Down Slightly | | Washington, DC, February 28, 2018ÂReal gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis. | | |
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| | | | Sales & Earnings Fell for Lowe's in Q4 2016, But Grew for FY | | Mooresville, NC, February 28, 2018ÂLoweÂs Companies reported net earnings of $554 million for Q4 2017, a decrease of 19.7%, compared to net earnings of $663 million in Q4 2016. | | |
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| | | | Deadline for Submissions to Vision Design Awards Extended | | Chattanooga, TN, February 28, 2018ÂThe deadline for the 2018 Vision Design Awards has been extended until March 9. | | |
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| | | Toll Brothers Reports 87.6% Increase in Income for Q1 2018 | | Horsham, PA, February 28, 2018ÂToll Brothers reported revenues of $1.2 billion for Q1 2018, an increase of 28% compared to Q1 2017Âs $920 million. | | |
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| | | Bostik Forms Partnership with Starnet | | Wauwatosa, WI, February 28, 2018ÂBostik, Inc. has announced its new partnership with Starnet Worldwide Commercial Flooring Partnership. | | |
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| Featured Video | | | | John Rietveldt Discusses the Opening Up of the Flooring Intellectual Property Business | | February 28, 2018—John Rietveldt, CEO with I4F, and Kemp Harr start with a demonstration of I4F's drop lock mechanical locking system business b | | |
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