Articles
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
BEA News: Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), First Quarter 2023
Real gross domestic product (GDP) increased at an annual rate of 1.3 percent in the first quarter of 2023, according to the “second” estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. Read More
April Construction Employment Rose in 42 States YOY
Seasonally adjusted construction employment rose from April 2022 to April 2023 in 42 states and the District of Columbia, declined in seven states, and held steady in Hawaii, according to Associated General Contractors’ analysis of data by the Bureau of Labor Statistics. Read More
THE BEST NATURAL STONE FOR SHOWER & BATHROOM DESIGN IDEAS
Natural stone has a timeless beauty that has captivated homeowners for generations. This versatile material can be used in various rooms of the home, including walls, floors, fireplaces, showers, and backsplashes by adding color, interest, warmth and style to any space. Read More
NAHB Redesigns Multifamily Market Survey, Reports Q1 Findings
The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in Q1 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 50 for Q1, while the Multifamily Occupancy Index (MOI) reading was 82. Read More