Economic Indicators Industry Forecasts Industry Statistics

55+ housing market ticks back up to record high

"Demand for 55+ single-family housing remains strong, mirroring the gains we have seen in the overall market, which has been largely supported by low interest rates and healthy job growth," said NAHB chief economist Robert Dietz. "Sentiment about the 55+ multifamily market declined somewhat this quarter, but on balance remains positive. A modest decline was not surprising, given the post-Great recession record number of apartments currently under construction." Read More

Economic Indicators Industry Forecasts Industry Statistics

New home sales remain stable in September

Sales of newly built, single-family homes decreased 0.7 percent to a seasonally adjusted annual rate of 701,000 units in September off a downwardly revised reading in August, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 7.2 percent higher than the same period in 2018. Read More

Economic Indicators Industry Forecasts Industry Statistics

Remodelers' confidence holds steady in Q3

"The demand for remodeling is fueled by a healthy labor market and low interest rates," said NAHB chief economist Robert Dietz. "However, the remodeling market is still constrained by high costs and lack of skilled labor." Read More

Economic Indicators Industry Forecasts Industry Statistics

Single-Family housing starts firm in September

Due to a decline in multifamily housing starts, total housing starts fell 9.4 percent in September to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports

World production and consumption of ceramic tiles

World production and consumption of ceramic tiles 07/10/2019 In 2018 world ceramic tile production decreased to 13,099 million sq.m (-3.6% on 2017); tile consumption also dropped by… Read More

Economic Indicators Industry Forecasts Industry Statistics

Housing likely to take a pass on the next downturn

Homebuilding is one of the most cyclical sectors in our economy. So much so that many economists look at this sector as one of the most predictable leading indicators of the broader economy, and for good reasons. Buying a new home is one of the largest purchases that a household makes. It is a purchase that is very sensitive to interest rate fluctuations since a minor rise interest rates can make that desired home unaffordable. As such, the degree of confidence that a household has in the outlook for the economy can play a major role in its decision to buy a home. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

Your numbers up and other lessons for good math

Basically our industry is $68+ billion. Of that, $22 billion is installation or labor. Since these numbers are adjusted every five years to Census of Retail and Census of Construction, there is no more than 5 percent error in the numbers. We can quibble about whether it is really $66.4 billion or some other number close but that is the size.   Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Flooring Market Growing At 6.5 % CAGR To Reach $450 Billion By 2024

Flooring Market Growing At 6.5 % CAGR To Reach $450 Billion By 2024 October 9, 2019 by Global Market Insights from TalkFloor The global flooring market size… Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

U.S. Construction Market 2019/2020: Current Conditions and Future Outlook

U.S. Construction Market 2019/2020: Current Conditions and Future Outlook By Daniel LoBue, Tego Systems Corp. from Flooring Covering Installer Magazine Sept/Oct 2019 Background: Only final revised data published… Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

Catalina reports sales flat, could increase in Q4

U.S. floor coverings demand could increase in the fourth quarter due to the steep drop in interest rates in the second and third quarters of 2019. Declining interest rates has given a boost to U.S. home sales in the third quarter of 2019 for the first time in over a year. Rising home sales, especially in the important re-sale market, has historically stimulated residential floor coverings sales. Read More