Ceramic Tile Statistics Industry Statistics Published Articles

Large format tile slabs yield big opportunity

Gaged Porcelain Tile Panels and Natural Stone Slabs: Plus, large slabs are available in different varieties of tile and stone so consumers can find the perfect product for their space. According to Mara Villanueva-Heras, vice president of marketing, Emser Tile, large format porcelain slabs have grown by double digits in the last several years, “with specifications for countertops increasing while natural stone countertop requests have slightly decreased. Porcelain panels, like quartz are nonporous and require less maintenance and are more hygienic than natural stone for commercial applications.” Read More

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Remodel industry confidence rises year over year

"The remodeling market has recovered from the pandemic and continues to grow as the economy strengthens," said NAHB Remodelers chair Steve Cunningham, CAPS, CGP, a remodeler from Williamsburg, Va. "Increased household savings during the second half of 2020 have lifted budgets available for home improvement projects. However, demand is stronger than many remodelers can handle, resulting in being forced to turn work away." Read More

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New home interest up among first-time buyers

As the housing industry celebrates New Homes Month in April, recent data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), reveals that first-time home buyers account for almost half (43 percent) of the new home market in 2021, up from 32 percent in 2018. Read More

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BEA News: Personal Income and Outlays, February 2021

Personal income decreased $1,516.6 billion, or 7.1 percent at a monthly rate, while consumer spending decreased $149.0 billion, or 1.0 percent, in February. Read More

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Architecture Billings Climb into Positive Territory

Architecture Billings Climb into Positive Territory March 24, 2021 from TalkFloor Continuing the positive momentum of a nearly three-point bump in January, the… Read More

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BEA News: Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits, Fourth Quarter and Year 2020

BEA News: Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits, Fourth Quarter and Year 2020 March 25, 2021 – Real gross domestic product (GDP)… Read More

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February Home Sales Down on Rising Material Costs, Interest Rates

Higher interest rates, supply shortages and rising material prices, particularly for lumber, put a damper on new home sales in February. Sales of newly built, single-family homes fell 18.2 percent to a 775,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest level since last May. Read More

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February home sales down

Higher interest rates, supply shortages and rising material prices, particularly for lumber, put a damper on new home sales in February. Sales of newly built, single-family homes fell 18.2 percent to a 775,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest level since last May. Read More

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Housing Production Weakens in February

Housing production weakened in February as higher material costs and interest rates continue to affect the housing industry. Overall housing starts decreased 10.3 percent to a seasonally adjusted annual rate of 1.42 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Read More

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Multifamily Housing Stumbles

The NAHB reports that multifamily starts are expected to fall 11 percent this year to 349,000 units from a projected total of 392,000 in 2020, however multifamily production is expected to post modest gains in 2022, up 5 percent to 365,000 units. Read More