Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

5 consumer trends in a post-pandemic world

Despite many retailers shutting their doors to curb the spread of COVID-19, shopping hasn’t stopped. In May, retail sales made a remarkable rebound after two months of record-setting lows, spiking 17.7 percent according to the U.S. Department of Commerce’s monthly report. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Home Projects & the Pandemic

Current spending levels have likely been boosted by expanded unemployment insurance benefits as well as the result of small business loans under the Payroll Protection Program which provide incentives to for businesses to keep their employees on their payroll during these weaker economic times. Both programs are likely to end soon. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

Sales struggle in 2019

“By the fourth quarter of 2019, housing starts and home improvement construction spending were increasing at double digit rates in response to the 20 percent decline in interest rates in the third and fourth quarter of the year. As a result, U.S. floor coverings dollar sales increased by 2.8 percent in the second half of 2019, while square foot sales began to rise.” – Catalina Research Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

COVID causes downturn, but less than expected

Catalina’s latest analysis of floor coverings industry trends indicate that the company's March predictions of a double-digit sales decline in this year’s second quarter did not occur. On the other hand, the sharp spring back in demand could be held up with the rising number of coronavirus infections in recent weeks. So, let’s review what did occur over the past three months and what the “new normal” may look like. Read More

Economic Indicators Industry Forecasts Industry Statistics

COVID-19 Causes Largest Drop in Construction Confidence Index in History

“Even as most construction has been deemed essential during the last few months, the loss of new projects and revenue has been severe. This industry is key to our economy, representing three million American jobs and $700 billion in spending," says Christopher Griffin, president and CEO of USG Corporation. “We’re watching closely signs of improvement, as commercial construction can serve as a bellwether for other economic development and recovery.” Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Millennials will control our world (Four in a five-part series)

ccording to an article on CNBC online, there are approximately 618,000 Millennial millionaires  today and, “by 2030, Millennials will hold five-times as much wealth as they have today and are expected to inherit $68 trillion from their predecessors (their parents) in the great transfer of wealth.” Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

Catalina Research report on e-commerce sales

Catalina Research has released its newest report on flooring, furnishing and home improvement e-commerce trends.  According to the report, e-commerce sales for the leading online retailers of flooring, furnishing and home improvement products soared as the coronavirus shelter-in-place orders accelerated the shift to e-commerce business. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

New Research Outlines Human Behaviors Impacting Kitchen and Bath Design

NKBA Living Impacts Design study forecasts primary kitchen and bath influences: connectivity, simplification, wellness and living in place Read More

Economic Indicators Industry Forecasts Industry Statistics

Existing-Home Sales Fall 9.7% in May

Existing-home sales fell in May, marking a three-month decline in sales as a result of the coronavirus outbreak, according to the National Association of Realtors.  Read More

Economic Indicators Industry Forecasts Industry Statistics

BEA News: Personal Income and Outlays, May 2020

Personal income decreased 4.2 percent while consumer spending increased 8.2 percent in May. Read More