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2023 Fall-Winter Tile Trend Report | by Brittney Harmond

This year’s edition of Cersaie proved to be a pivotal one. On top of the show celebrating its 40th anniversary and the milestones the industry has achieved along the way, exhibitors also signaled the dawn of an exciting new era. Tile products were imbued with a holistic sense of inventiveness: color and pattern were bolstered by impressive surface technologies from extra soft finishes with high slip resistance to glossy matte effects. Meanwhile, a host of new prefabricated furnishing options and collaborations with the world’s leading design firms signaled the strength of the industry while carbon-neutral collections and the workings of a new industry ISO standard for embodied carbon demonstrated meaningful contributions to the future of the built environment. Read More

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BEA News: Personal Income and Outlays, October 2023

Personal income increased $57.1 billion (0.2 percent at a monthly rate) in October. Disposable personal income (DPI)—personal income less personal current taxes—increased $63.4 billion (0.3 percent). Read More

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BEA News: Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2023

Real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the “second” estimate. Read More

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GCC Ceramic Tiles Market Size, Share & Trends Analysis Report By Product (Glazed Ceramic Tiles, Porcelain), By Application, By End-use (Residential, Commercial), By Country, And Segment Forecasts, 2023 - 2030

The GCC ceramic tiles market size is expected to reach USD 16.82 billion by 2030, growing at a CAGR of 8.4% during the forecast period. Rising investment in construction projects by the governments of Saudi Arabia, the UAE, and Qatar to boost economic growth in their respective countries is expected to drive the construction industry, thereby, augmenting the demand in the market over the forecast period. Read More

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Tile & Grout Go Hand In Hand

When selecting tile, consumers usually consider components such as design, waterproofing, durability and cost. However, selecting grout along these lines is just as critical. Whether a focal part of the design or hidden away between tiles, selecting the right grout to go with a tile is an essential component to ensuring a successfully designed and long-lasting install. Read More

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TCNA to Hold Tile Heritage Foundation Exhibit TexTiles

The Tile Council of North America (TCNA) welcomes the public to attend the festive opening reception of the Tile Heritage Foundation's exhibit, TexTiles, December 1, 2023, Simpsonville, South Carolina. Read More

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Consumer Sentiment Declined 3.9% to 61.3 in November

Consumer sentiment declined 3.9% to 61.3 in November, according to final results from the University of Michigan Survey of Consumers. Read More

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Dodge Says Construction Starts Down 7% in Oct., Comml. Up 8%

Total construction starts fell 7% in October to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. Nonbuilding and residential starts fell 32% and 1%, respectively. Conversely, nonresidential building starts gained 8% during the month. Read More

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The Home Depot to Acquire International Designs Group

Home Depot entered into an agreement to acquire International Designs Group (IDG)—a construction materials conglomerate that includes UMI, Construction Resources (CR), Marva, European Granite & Marble Group, and Cancos Tile & Stone—from private equity firm Mill Point Capital. Read More

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Lowe's Q3 Sales Decline 12.8%, Earnings Rose to $1.8 Billion

Lowe’s reported Q3 2023 net sales of $20.5 billion, a 12.8% decline compared to sales of $23.5 billion in the same quarter last year. Read More