Articles
Coverings 2023: Trends + Product Picks
Every year brings new opportunities to attend the astonishing trade shows and other inspiring events, but there's no North American extravaganza quite like Coverings. In 2023, this must-attend event brought together over 1,000 exhibitors from all around the world – and we were once again excited to join the fun. There has often been an element of the expected in the past with porcelains having dominated the show for so long. This spring, the styles we saw were wonderfully creative, different and out-of-the-box. During our latest Coverings adventure, we were dazzled by gorgeous mosaics, tantalizing textures and so much more. Below, we’ve touched on some of the product trends from 2023 that both inspired and delighted us. Read More
NAHB’s single-family construction update
While single-family home building has slowed significantly from pandemic-fueled highs because of higher interest rates and construction costs, the slowdown is less pronounced in lower density markets. Meanwhile, multifamily market growth remained strong throughout much of the nation, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the first quarter of 2023. Read More
The Reconfigured Market for Commercial Facilities
Commercial construction and real estate have undergone significant transformation over the past three years. While construction levels in this sector are very healthy at present and demand for commercial space overall is strong, the composition of activity in this sector has changed dramatically. Read More
North America Wood Flooring Market Size, Share & Trends Analysis Report 2023 - 2030
The North America wood flooring market size is expected to reach USD 8.95 billion by 2030, expanding at a CAGR of 2.4% during the forecast period. This growth can be attributed to Increasing demand for aesthetically, superior and durable floor covering solutions, and consumer trends in floor design. Read More
Buyers Turning to New Homes Due to Low Existing Home Inventory
More Americans are turning to new home construction as existing inventory remains low and mortgage rates begin to stabilize, reports the National Association of Home Builders (NAHB). Sales of newly built, single-family homes increased in April, reaching the highest level since March 2022. Read More
2023 Spring-Summer Tile Trend Report
At the 2023 edition of Coverings, the largest international ceramic tile event in North America, over 60 premier Italian brands showcased their latest tile and installation products to the market in the Ceramics of Italy Pavilion. Demonstrating the versatility and beauty of Italian tile, the following trends summarize this season’s top trends in color, design and application. Read More
BEA News: Personal Income and Outlays, April 2023
Personal income increased $80.1 billion (0.4 percent at a monthly rate) in April. Disposable personal income (DPI) increased $79.4 billion (0.4 percent). Personal outlays increased $156.0 billion (0.8 percent) and consumer spending increased $151.7 billion (0.8 percent). Read More