Articles

Hotel construction in the United States hit new historic levels in Q4 2024, according to Lodging Econometrics' (LE’s) latest Hotel Construction Pipeline Trend report. The total pipeline reached 6,378 projects, a new project record, with 746,986 rooms, showing year-over-year (YOY) growth of 7% in projects and 8% in rooms. Read More

Architecture firms reported a decline in billings in December as the AIA/Deltek Architecture Billings Index (ABI) fell to 44.1. Any score below 50.0 indicates decreasing business conditions. Read More

The construction industry will need to attract an estimated 439,000 net new workers in 2025 to meet anticipated demand for construction services, according to a proprietary model developed and released by Associated Builders and Contractors. In 2026, the industry will need to bring in 499,000 new workers as spending picks up in response to presumed lower interest rates. Read More

U.S. imports of hardwood flooring grew by 24% in November with strong gains in imports from Malaysia and Brazil, according to the Decorative Hardwoods Association. Read More

Consumer sentiment declined 3.9% to 71.1 in January, according to final results from the University of Michigan Survey of Consumers. Read More

Tile is ready to slowly grow in 2025 After an uninspired year, the tile sector looks forward to a better 2025. With a strong product foundation, the sector’s manufacturers and distributors look forward to leaving 2024 behind and drive improvement in the new year. Read More

The success of Maximus Pedestal Systems has not only changed the way builders approach pedestal installations but has also influenced the broader landscape of construction in Australia. By prioritizing simplicity and efficiency, Andrew and Phillip Rivelli have inspired a movement towards more innovative and practical building solutions. Read More

At the 2025 Shaw Flooring Network convention in Orlando, Florida, Betti Packman, partner/principal with EY-Parthenon and Ivan Kleinfeld, senior director with EY-Parthenon reported that, in the last 22 years, the percentage of remodel budgets devoted to flooring fell from 11% in 2003 to 6% in 2021. Read More

Floor Trends & Installation, in collaboration with its sister brand Stone World and research division My Clear Opinion Insights Hub, will unveil findings from a major new research study on tile and stone purchasing behaviors at The International Surfaces Event (TISE) in Las Vegas this January. Read More

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