Mohawk’s Q1 Sales Up 13%, Earnings Up 3%
Mohawk Industries announced net sales Q1 2022 were $3.0 billion, an increase of 13.0% over [...]
Commercial construction up despite uncertainties
While the residential sector has performed well during the pandemic, the commercial markets have suffered. [...]
BEA News: Gross Domestic Product, First Quarter 2022 (Advance Estimate)
Real gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the [...]
Lack of affordability slows new home sales
Worsening affordability conditions stemming from growing supply chain disruptions and rising mortgage rates pushed new [...]
New Home Sales Declined 8.6% in March
Sales of new single‐family houses in March 2022 were at a seasonally adjusted annual rate [...]
Total Construction Starts Drop 12% in March
Total construction starts fell 12% in March to a seasonally adjusted annual rate of $903.8 [...]
Remodel Spending Expected to Grow in 2022, Slow in 2023
Expenditures for improvements and repairs to the owner-occupied housing stock are expected to grow throughout [...]
TCNA Updates the Gauged Porcelain Tile Paver Standard
After three years and hundreds of hours of research by the TCNA Product Performance Testing [...]
Single-Family Permits Decline in March as Affordability Woes Continue
The single-family housing market continued to show signs of softening in March as permits and [...]
Gauged Porcelain Tile Panels & Slabs: Decorative, Durable and in Demand
More customers are going big with their surface of choice for new construction and renovation [...]