Economic Indicators Industry Forecasts Industry Statistics Published Articles

Investors Continue Homebuying Frenzy, a Boon to Builders

Investors who buy and then rent new homes are fast becoming a favorite customer of the homebuilder industry, reports the Wall Street Journal. Read More

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Consumer Prices Rose 1.2% in March to 40-Year High

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the U.S. Bureau of Labor Statistics reported. Read More

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Housing Affordability Challenges Rising in 2022, Says NAHB

Rising mortgage interest rates, spurred by expected, significant tightening of monetary policy by the Federal Reserve, will aggravate housing affordability challenges in 2022, reports the National Association of Home Builders (NAHB) Read More

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

Economic Indicators Industry Forecasts Industry Statistics Published Articles

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