Articles

The global resilient flooring market size is expected to reach USD 65.29 million by 2030 and is expected to expand at 6.9% CAGR from 2023 to 2030. The demand for resilient floorings is predicted to escalate over the forecast period as a result of increased investments in the construction industry and rising demand for aesthetic building enhancements. Furthermore, the growing construction spending in the emerging Middle Eastern and Asia Pacific economies would further bolster the market growth. Read More

For several years now, the U.S. ceramic market has been going through a period of transition with the expansion of U.S. manufacturing, removal of Chinese imports from the market through tariffs, significant instability in raw material sourcing and increases in raw material costs, and developments in technology that have enabled advancements in aesthetics and formats. And over the course of the last year, the market has worked to fi nd its footing as a result of these dynamics. At the same time, ceramic manufacturers and importers are fighting the same battles that many other flooring categories are—working to maintain ceramic’s market share, as LVT continues to steal square footage from virtually all other flooring categories; seeking solutions to the shortage of flooring installers; and communicating its value to the various end user groups, many of which do not yet understand that, while costly up front, ceramic carries a significant useful life, offers great durability, and has a strong green story. Read More

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, advanced 1.9% in February to 203.0 from the revised January reading of 199.3. In February, the commercial component of the DMI rose 1.4%, and the institutional component increased 2.9%. Read More

The truth of the matter is that for many aspects of residential construction such as framing, tiling and finish carpentry, construction techniques haven’t changed a lot over the years. A recent academic paper titled “The Strange and Awful Path of Productivity in the U.S. Construction Sector” points out that while labor productivity has doubled across the U.S. economy over the past 50 years, it has been falling or, at best, stagnant for the construction sector. Read More

Lowe’s announced Q4 2022 sales were $22.4 billion, a 5% increase compared to $21.3 billion in Q4 2021. Comparable sales for Q4 decreased 1.5%, and comparable sales for the U.S. home improvement business decreased 0.7%. Read More

Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the fourth quarter and fiscal year ended December 29, 2022. Read More

Declining mortgage rates and home prices in January, coupled with home builders use of sales incentives, helped boost new home sales last month. Read More

Personal income increased $131.1 billion, or 0.6 percent at a monthly rate, while consumer spending increased $312.5 billion, or 1.8 percent, in January. Read More

While the two main confidence indexes for multifamily housing increased slightly in Q4, they both remained in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). Read More

The Home Depot announced sales for Q4 2022 were $35.8 billion, a 0.3% increase from Q4 2021’s $35.7 million. Read More