Articles
Catalina releases industry update
Catalina Research has released its industry update for the first half of 2021. According to the report, U.S. floor coverings sales came roaring back in the first half of 2021 as rising COVID-19 vaccination rates and a surge in personal income gave consumers confidence to replace their flooring. Read More
1Q 2021 U.S. Ceramic Tile Market Update
While last year was extremely difficult for the U.S. ceramic tile market, which was negatively impacted by the COVID-19 health crisis and declined for the second consecutive year, 2021 is off to an excellent start. Through 1Q 2021, total U.S. ceramic tile consumption was up 17.8% by volume vs. 1Q 2020.1 If the current pace continues for the full year, U.S. consumption would reach a record-high of 3.34 billion sq. ft. Read More
RēCo Report 2021
The annual RēCo Market Intelligence Report has held strong for 18 years. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. Read More
BEA News: Personal Income and Outlays, May 2021
Personal income decreased $414.3 billion, or 2.0 percent at a monthly rate, while consumer spending increased $2.9 billion, or less than 0.1 percent, in May. The decrease in personal income reflected declines in pandemic-related assistance programs. Read More
BEA News: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 1st Quarter 2021
Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. The increase was the same rate as the "second" estimate released in May. In the fourth quarter of 2020, real GDP increased 4.3 percent. Read More