Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics

U.S. Ceramic Consumption Up Nearly 10% in 2021

Supported by gains in the U.S. construction and housing markets and robust overall economic growth, U.S. ceramic tile consumption increased for the first time since 2018, according to the Tile Council of North America (TCNA). At Coverings 2022, TCNA Executive Director Eric Astrachan reported that total U.S. ceramic tile consumption in 2021 was 3.11 billion sq. ft., up 9.9% from the previous year. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics

Ceramic Imports Declined 9% in First Two Months of 2022

In the first two months of 2022 U.S. ceramic tile imports were down about 9% in square meters vis a vis last year, from 32.5 million square meter to 29.5 million square meter, according to Grosser Consulting. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics

TCNA releases 2021 US Ceramic Tile Market Update

[Clemson, S.C.] The Tile Council of North America (TCNA) has released the 2021 U.S. Ceramic Tile Market Update. Supported by gains in the U.S. construction and housing markets and robust overall economic growth, U.S. ceramic tile consumption increased for the first time since 2018, TCNA reported. According to the U.S. Dept. of Commerce & Tile Council of North America, total U.S. ceramic tile consumption in 2021 was 3.11 billion square feet, up 9.9 percent from the previous year. Read More

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Millennial Home Buyers Want Larger Homes

As the housing industry celebrates New Homes Month in April, millennials say their housing preferences have changed due to the COVID-19 pandemic. More than a third (36%) of millennials are now in favor of a larger home and home builders are responding to this trend. Read More

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Construction Employment Added 19K Jobs in March

Construction employment climbed by 19,000 jobs between February and March, while spending on construction projects rose for the 12th month in a row in February, according to an analysis by the Associated General Contractors of America of government data. Association leaders warned that further gains may stall unless the supply of workers and materials improves. Read More

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3Q 2021 U.S. Ceramic Tile Market Update

3Q 2021 U.S. Ceramic Tile Market Update: U.S. ceramic tile consumption rose 15.3% by volume 3Q 2021 YTD compared to the same timeframe in 2020. Read More

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BEA News: Personal Income and Outlays, February 2022

Personal income increased $101.5 billion, or 0.5 percent at a monthly rate, while consumer spending increased $34.9 billion, or 0.2 percent, in February. Read More

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Q4 GDP Revised Down Slightly to 6.9% in Third Estimate

Real gross domestic product (GDP) increased at an annual rate of 6.9% in Q4 2021, according to the third estimate released by the Bureau of Economic Analysis. Read More

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Home Prices Rose 19.2% YOY in January, Says Case-Shiller

Home prices made a 19.2% annual gain in January, up form 18.95 in the pervious month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions. Read More

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Multifamily Production at a Two-Year High

Despite production bottlenecks and rising construction costs, total housing starts led by a strong multifamily reading posted a solid gain in February as demand stays strong and existing inventory remains at low levels. Read More