PMI up 1.7 percent from January, and overall economy grew.
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Construction spending down 1 percent from December.
Seven out of 12 districts report modest economic growth.
Survey shows distributor sales reps could become "less necessary" in future.
Index improved in February to 114.8, from 111.6 in January.
Raw materials price index increased 23 percent.
Fourth-quarter sales down 3.8 percent to $185.5 million.
But China's stagnation, looming Brexit pose big questions for U.S. economy.
Fourth-quarter sales increase 7.1 percent year-over-year.
New location to serve Eagle Ford Shale Play in South Texas.
Appointment of Jay Roueche follows Karyn Ovelmen's departure as CFO and executive VP.
The index's three-month moving average, CFNAI-MA3, decreased during the month.
Investment in all types of dwellings led the increase.
Kathy Hanrahan, DeKlerk appointed to key management positions.
ERP and other technologies provide valuable benefits to distributors.
Distributors see highest rate of return on assets in five years.
Index points to economic growth continuing in first half of 2017.
December saw the largest dollar value gain for the industry since January 2016.