Articles

"Builders continue to grapple with elevated building material prices and supply shortages, particularly the price of oriented strand board, which has skyrocketed more than 500 percent above its January 2020 level," said NAHB chairman Chuck Fowke. "We are grateful that the White House heeded our urgent plea to hold a building materials meeting with interested stakeholders on July 16 to seek solutions to end production bottlenecks that have harmed housing affordability." Read More

"Remodelers in many parts of the country are experiencing very strong demand for their services," said NAHB Remodelers chair Steve Cunningham, CAPS, CGP, a remodeler from Williamsburg, Va. "So far, remodelers have been able to accommodate most customers, but as the backlog of projects in the pipeline grows, there is a tendency for them to take longer to start and complete." Read More

In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4 percent from 2020’s $140.8 billion in kitchen and bath spending and nearly 8 percent higher than the initial estimate for the year. Read More

Catalina Research has released its industry update for the first half of 2021. According to the report, U.S. floor coverings sales came roaring back in the first half of 2021 as rising COVID-19 vaccination rates and a surge in personal income gave consumers confidence to replace their flooring. Read More

While last year was extremely difficult for the U.S. ceramic tile market, which was negatively impacted by the COVID-19 health crisis and declined for the second consecutive year, 2021 is off to an excellent start. Through 1Q 2021, total U.S. ceramic tile consumption was up 17.8% by volume vs. 1Q 2020.1 If the current pace continues for the full year, U.S. consumption would reach a record-high of 3.34 billion sq. ft. Read More

The annual RēCo Market Intelligence Report has held strong for 18 years. Below are the results for the Ceramic Tile category.  Read More

The annual RēCo Market Intelligence Report has held strong for 18 years. Below are the results for the Laminate category.  Read More

The annual RēCo Market Intelligence Report has held strong for 18 years. Below are the results for the Resilient/Vinyl and LVT categories.  Read More

The annual RēCo Market Intelligence Report has held strong for 18 years. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. Read More

Personal income decreased $414.3 billion, or 2.0 percent at a monthly rate, while consumer spending increased $2.9 billion, or less than 0.1 percent, in May. The decrease in personal income reflected declines in pandemic-related assistance programs. Read More