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Remodeling market sentiment edged down in Q2

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 68, edging down two points compared to the previous quarter. Read More

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Vinyl Flooring Imports Declined 6.7% YOY in May

Imports of vinyl flooring saw a decrease in May, down 6.7% year over year, but this follows a notable increase of 28.9% year over year last month, reports Truist. Read More

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Inflation Eased to 3% in June

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% in June on a seasonally adjusted basis, after increasing 0.1% in May, the U.S. Bureau of Labor Statistics reported. Read More

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Ceramic Imports Declined 6% YOY in The First Five Months of 2023

In the first five months of 2023 total U.S. imports of ceramic tile were 74.6 million square meters, a decline of 6% from the same period in 2022, according to Grosser Consulting. Read More

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Stats 2023: Laminate resurgence drives sales higher

The momentum that the U.S. laminate flooring category generated in late 2020 and throughout 2021 continued to positively impact segment sales in 2022. Floor Covering News research shows the U.S. laminate flooring market generated approximately $1.382 billion in sales last year at the first point of sale—an uptick of 6% over the year prior. In terms of volume, the category grew at a slightly slower rate (4.5%), reaching roughly 1.098 billion square feet. The disparity in growth rates, industry observers say, can be attributed to slightly higher costs related to production/shipping, as well as more of an emphasis on better quality goods—those in the 10mm to 12mm range versus activity at the opening price point associated with 7mm products. Read More

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Driving Purchases

What makes generations tick Consumers do not shop as a monolith. What drives an 18-year-old is far different than what drives a 60-year-old. Understanding what motivates different generations on their path to purchase is a crucial element to marketing to them. Read More

Ceramic Tile Statistics Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Reports

Stats 2023: Tile flooring price increases buoy dollar sales

For the second year running tile flooring experienced sales growth after its 2020 decline, which had been the category’s first decrease in several years. Tile flooring was up mid-double digits in dollars in 2022 compared to 2021’s high single-digit increase. However, while dollar sales were up, much of that came from price increases and inflationary pressures. Volume experienced a slight decrease overall. Read More

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RēCo 2023: Vinyl

Inside this edition are the ReCo results for the vinyl category. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. The Wayman Group is an independent marketing research and consulting firm with more than 40 years of experience. Read More

Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Reports

RēCo 2023: LVT

Inside this edition are the ReCo results for the LVT category. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. The Wayman Group is an independent marketing research and consulting firm with more than 40 years of experience. Read More

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RēCo 2023: Hardwood

The annual RēCo Market Intelligence Report has held strong for 20 years. Below are the results for the hardwood category. Read More