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Millions apply for unemployment, virus takes toll economically

Millions more Americans filed for unemployment benefits last week, as businesses continue to lay off and furlough workers amid the coronavirus outbreak. Read More

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What building 1,000 homes means to the economy

"Before the coronavirus pummeled the U.S. economy, housing was on the rise with January and February new home sales numbers posting their highest reading since the Great Recession," said NAHB chairman Dean Mon, a home builder and developer from Shrewsbury, N.J.  "The demand is clearly there, and as this study shows, we expect that housing will play its traditional role of helping to lead the economy out of recession later in 2020 when the pandemic subsides." Read More

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U.S. residential construction showed good health in 2019. Negative forecasts for 2020

U.S. residential construction showed good health in 2019. Negative forecasts for 2020 24/03/2020 from CWW Ceramic World Web Total new home starts grew by 3.2%, while new… Read More

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2019 U.S. Ceramic Tile Market Update

In 2019, U.S. ceramic tile consumption declined for the first time in a decade to 273.2 million sq.m. (-5,4% on 2018). This affected both the domestic production (83 million sq,m, -4.8%) and imports (193 million sq.m, -5.5%), with China dropping by 36.4%. Read More

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Housing on strong footing prior to virus concerns

"The February numbers reflect the strong state of the market before coronavirus concerns set in," said NAHB chief economist Robert Dietz. "Given the momentum in the housing market at the start of the year, we do expect sales and construction activity to weaken during the third quarter; but housing's potential suggests it will be a sector that will help lead the economy during the eventual rebound once virus mitigation is complete." Read More

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Top U.S. Specialty Flooring Retailers of 2019

The Top 50 Retailer Listing serves as a benchmark for the industry — number of stores versus revenue for retailers across the country. While some businesses are forthcoming with their financials, others are more private. Read More

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Builder confidence declines but remains solid

"Builder confidence remains solid, although sales expectations for the next six months dropped four points on economic uncertainty stemming from the coronavirus," said NAHB chairman Dean Mon, a home builder and developer from Shrewsbury, N.J. "Interest rates remain low, and a lack of inventory creates market opportunities for single-family builders." Read More

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Single-Family starts up, COVID-19 challenges ahead

"As indicated by some of the softening in builder confidence in March, housing construction faces significant headwinds as we enter the spring season," said NAHB chief economist Robert Dietz. "With a rising number of economic sectors on a partial or full pause due to coronavirus mitigation, housing demand and the ability to continue full construction of homes is at significant risk." Read More

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Multifamily Builder and Developer Confidence Remains Unchanged in Fourth Quarter

"Demand for apartments has been strong for the past several months, especially for apartments that are more affordably priced," said Barry Kahn, president of Hetting-Kahn Holdings in Houston and chairman of NAHB's Multifamily Council. "We are seeing an increased need for affordable housing in most markets around the country." Read More

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Multifamily confidence unchanged in Q4

Confidence in the market for new multifamily housing remained unchanged in the fourth quarter of 2019, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) remained even at 49, while the Multifamily Vacancy Index (MVI) also remained even with a reading of 40. Read More