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According to the National Association of Home Builders (NAHB), builders have sold homes at a steady rate in April.

The stock-to-sales ratio recently fell to its lowest level in almost five years, according to a recent Commerce Department report.

Mohawk Industries reported first-quarter earnings of $43.2 million, or 77 cents a share.

Economists for the National Association of Realtors (NRA) and for the National Association of Home Builders (NAHB) have forecasted a strong year for the housing market.

Ray Kline Jr., president of Chicago Adhesive Products Co. (Chapco), has confirmed that his company acquired GE Sealants & Adhesives’ commercial flooring adhesive business on April 1.

Construction spending increased 1.1% in February, the Commerce Department reported.

Manufacturing activity rose for the second month in a row, the Institute for Supply Management recently reported.

The Commerce Department recently reported that consumer spending grew briskly in February and incomes rose at the fastest pace since December 2000.

Consumer sentiment in March reached its highest level since December 2000, according to the University of Michigan.

The economy grew at an annual rate of 1.7%, the Commerce Department recently reported.