Articles

Builder confidence in the market for newly built single-family homes dropped eight points in October to 38-half the level it was just six months ago-according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the lowest confidence reading since August 2012, with the exception of the onset of the pandemic in the spring of 2020. Read More

[Bologna, Italy] Cersaie, the International Exhibition of Ceramic Tile and Bathroom Furnishings, took place from September 26-30, 2022 here at the Bologna Exhibition Centre. Tile suppliers from around the world gathered to share their newest products for everything from floors and walls to exteriors. Design trends ranged from bold colors to rich textures, with exuberant patterns being a common theme. Here is a look at just some of what was seen on the show floor. Read More

In 2021, world tile production reached 18,339 million sqm, up 7.2% from the 17,101 million sqm recorded in 2020. The result reflects the strong increase of tile demand in all geographical areas, which brought world tile consumption growing to 18,209 million sqm (+6.8%). Read More

The NAHB/Westlake Royal Remodeling Market Index (RMI) for Q3, posting a reading of 77, declining ten points compared to Q3 2021, according to the National Association of Home Builders (NAHB). Read More

"U.S. mortgage rates jumped to their highest level in more than two decades,” according to the Wall Street Journal. Read More

Despite the negative expectations caused by the Covid pandemic and factory lockdowns, global tile production and consumption figures increased in 2020 after declining in the previous two years, while trade is affected by the sanitary emergency and the consequent slowdown in international transport and logistics, with a drop in exports and imports of tiles. Read More

Catalina Research has released its latest Floor Coverings Industry Quarterly Update. According to the report, U.S. floor coverings manufacturer sales (shipments minus exports plus imports) growth slowed substantially in the third quarter of 2022 as rising interest rates caused the housing market to decline. Read More

The Global Stone Plastic Composite Flooring Market is projected to reach USD 51,213.57 million by 2027 from USD 24,963.72 million in 2021, at a CAGR 12.72% during the forecast period. Read More

Compared to the previous year for the period from January to August, total ceramic imports in square meters were down by 0.8%, according to Grosser Consulting. Read More

"Bricks-and-mortar store owners are emerging from the pandemic with surprising strength, posting some of their best numbers in years and plotting expansions as more Americans venture out to buy things again,” reports the Wall Street Journal. Read More