Articles

Seasonally adjusted construction employment rose from July 2022 to July 2023 in 45 states and the District of Columbia, fell in four states, and was unchanged in Vermont, according to Associated General Contractor’s (AGC) analysis of Bureau of Labor Statistics (BLS) data. Read More

Lowe’s reported net sales of $25 billion for Q2 2023, a 9% decline compared to net sales of $27.5 billion in the same period last year. Read More

The National Advertising Division (NAD) is recommending Mohawk discontinue two “misleading” claims regarding the promotion of its RevWood laminate flooring product. The claims include, “Wood Without Compromise” and “The Perfect Wood for Your Home.” Read More

"Ceramic Imports Showed a Modest Decline: Overall ceramic unit imports decreased 5.2% year over year (y/y), moderating from sharper declines earlier in the year, for units down 6.1% year- to-date. Read More

Ceramic floor tile can help visually expand narrow rooms, elongate wide rooms, and even hide a room’s imperfections if you simply use the right installation pattern. Ceramic floor tile also offers wide versatility in how your floor is installed, — creative choices not possible with other flooring materials. Read More

"The average mortgage rate rose to 7.09%, its highest level in more than 20 years, according to data released Thursday by mortgage giant Freddie Mac,” according to the Wall Street Journal. Read More

Retail sales reversed their downward trend in July as Prime Day and major promotions by other brands prompted increased shopping while wage increases gave consumers more money to spend, said the National Retail Federation. Read More

Builder confidence in the market for newly built single-family homes in August fell six points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Read More

The Home Depot reported Q2 2023 sales of $42.9 billion for the, a decrease of 2.0% from Q2 2022’s $43.8 billion. Comparable sales for Q2 2023 decreased 2.0%, and comparable sales in the U.S. decreased 2.0%. Read More

For the first time, India became the largest ceramic tile supplier of the U.S. by units in the time period between January and June, reports Grosser Associates. Read More