Articles
Continued construction gains through 2020
While the construction industry remains generally optimistic, there is growing concern that a broader economic downturn may be materializing over the next 12 to 24 months. Sources of this concern include a softening investment environment, an international slowdown and weakness in the housing and auto sectors, which are considered leading indicators of the economy. Read More
Mohawk Industries: Growth in sales despite a difficult 2018
After five consecutive years of record earnings, the US flooring giant Mohawk Industries encountered greater difficulties than anticipated in 2018, with inflation increasing dramatically, luxury vinyl tile impacting ceramic tile and other flooring products and most markets slowing. Read More
U.S. Homebuilding Lags, Remodeling Picks Up the Slack
The Center’s Remodeling Futures Program finds that, as homebuilding struggled to meet the nation’s growing housing needs, spending on improvements and repairs to both owner-occupied and rental properties hit a record of nearly $425 billion in 2017. Read More