Ceramic Tile Statistics Floor Covering Products Industry Statistics Press Release Published Articles

Tile Takes the Lead

Tile is a “forever” surface: It’s versatile, functional and durable. It performs in style, variety, trend and price point — both in residential and commercial spaces. “Tile is the most durable flooring available on the market today,” said Paulo Pereira, senior merchant for MSI. “It’s the one product that doesn’t even come with a ‘wear warranty’ as it simply doesn’t need one.” Read More

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October Retail Sales Rose 8.3% YOY

dvance estimates of U.S. retail and food services sales for October 2022 were $694.5 billion, up 1.3% from the previous month, and 8.3% above October 2021, the U.S. Census Bureau announced. Read More

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Lowe's Sales Rose 2.6% in Q3, Earnings Declined

Lowe’s reported net sales for Q3 2022 were $23.5 billion, a 2.6% increase compared to sales of $22.9 billion in Q3 2021. Comparable sales increased 2.2%. Comparable sales for the U.S. home improvement business increased 3.0% for Q3. Read More

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Home Depot Sales Rose 5.6% in Q3, Earnings Up 4.9%

The Home Depot reported sales of $38.9 billion for Q3 2022, an increase of 5.6% from Q3 2021’s $36.8 billion. Read More

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October Inflation Shows Signs of Easing

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported. Read More

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Consumer Sentiment Declined 8.7% in Early November

Consumer sentiment declined 8.7% to 54.7 in early November, according to preliminary results from the University of Michigan Survey of Consumers. Read More

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Housing affordability falls to 10-year low

Housing affordability fell to its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012 as rising mortgage rates, ongoing building material supply chain disruptions, high inflation and elevated home prices pushed the housing market into a recession. Read More

Ceramic Tile Statistics Floor Covering Products Industry Statistics Press Release Published Articles

Blush at the thought! Consumers aren’t being shy about a desire for a fresh start this year. Interior designers and manufacturers are answering the call with a fresh take on a warm neutral: blush. Sherwin-Williams has selected a blush hue as its 2023 color of the year. Likewise, Farrow & Ball, the iconic wallpaper and paint brand has issued 11 new colors — their first new colors in four years — and three of the 11 fall solidly in the blush hue. And, we’ve seen other big brands, such as Valspar and Better Homes and Gardens at Walmart, identifying blush as a major decor inspiration. Read More

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Job Openings Rose to 10.7 Million in September

The number of job openings increased to 10.7 million on the last business day of September, the U.S. Bureau of Labor Statistics reported. Read More

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Personal Income and Outlays, September 2022

Personal income increased $78.9 billion, or 0.4 percent at a monthly rate, while consumer spending increased $113.0 billion, or 0.6 percent, in September. Read More