Articles

According to Catalina Research, U.S. floor coverings sales came roaring back during 2021, as rising COVID-19 vaccination rates and a surge in personal income provided the consumer confidence to replace their flooring. Residential purchases also received a boost from sharp gains in new home construction and existing home sales due to historic low interest rates. Read More

Strong consumer demand helped push builder confidence higher in October despite growing affordability challenges stemming from rising material prices and shortages. Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Read More

Uncomfortably high inflation will grip the U.S. economy well into 2022, as constrained supply chains keep upward pressure on prices and, increasingly, curb output, according to economists surveyed this month by The Wall Street Journal. Read More

Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Read More

The United States Flooring Market is projected to grow with a significant CAGR in the forecast period. Read More

Prices for U.S. imports increased 0.4% in September, after decreasing 0.3% the previous month, the U.S. Bureau of Labor Statistics reported.  Read More

“Consumer sentiment has remained for the past three months at the lows first recorded in response to last year's shutdown of the economy,” says Survey of Consumers’ chief economist Richard Curtin. Read More

September retail sales 2021 rose 0.7% to $625.4 billion from the previous month and 13.9% above September 2020, according to the U.S. Census Bureau.  Read More

“Demand for remodeling remains strong, and remodelers are doing quite well as long as they can adequately deal with material and labor shortages,” said NAHB remodelers chair Steve Cunningham, CAPS, CGP, a remodeler from Williamsburg, Virginia. “So far, a substantial share of their customers have been willing and able to tolerate the extra cost and delays of requested remodeling projects.” Read More

September retail sales 2021 rose 0.7% to $625.4 billion from the previous month and 13.9% above September 2020, according to the U.S. Census Bureau.  Read More