Articles
Vinyl Flooring Imports Rose 21.9% YOY in March
Vinyl flooring “Imports were up 21.9% year over year in units in March, following a solid result in January and modest growth in February,” reports Truist. Read More
U.S. Ceramic Tile Market Reports 5.1% Consumption Decline in 2024
The U.S. ceramic tile consumption declined to 2.70 billion square feet in 2024, representing a 5.1% decrease from the previous year, according to the latest market update from the Tile Council of North America. This continues a downward trend, following a 7.3% decline in 2023. Read More
Imports of Ceramic Tile in Q1 Rose 11.5%
Total U.S. imports of ceramic tile in the first three months of the year were 44.3 million square meters, an increase of 11.5% from the previous year when imports were 39.7 million square meters, reports Grosser Consulting. The increase was due to imports from Spain (+34%), Italy (+12%), Brazil (+38) and Vietnam (+61%). Read More
Dixie Reports 3.5% Q1 Sales Decline, Earnings Loss of $1.6M
For Q1 2025, The Dixie Group had net sales of $63 million, a 3.5% decline compared to net sales of $65.3 million Q1 2024. The net loss from continuing operations in Q1 2025 was $1.6 million, compared to a net loss of $2.5 million in Q1 2024. During the first quarter of 2025 the company closed on a new $75 million credit facility. Read More
Six Flooring Producers Announce Tariff-Related Price Increases
Mohawk Group, Engineered Floors, Shaw, Daltile and Marazzi, and Karndean have all announced price increases. Mohawk Group: “We have monitored the situation closely over the past two weeks and have determined that the global tariff will likely remain in effect indefinitely. Therefore, we will be implementing a price increase of 8% on all imported products effective May 19. Orders entered prior to this date will not be subject to the increase but must ship when available. Read More
80% of Metro Markets Had Home Price Increases in Q1
More than 80% of metro markets (189 out of 228, or 83%) registered home price gains in the first quarter of 2025, as the 30-year fixed mortgage rate ranged from 6.63% to 7.04%, according to the National Association of Realtors' latest quarterly report. Eleven percent of the 228 tracked metro areas recorded double-digit price gains over the same period, down from 14% in the fourth quarter of 2024. Read More