Articles

Advance estimates of U.S. retail and food services sales for July 2022 were $682.8 billion, virtually unchanged from the previous month but 10.3% above July 2021, according to the U.S. Census Bureau. Read More

Lowe's reported net sales of $27.5 million for Q2 2022, a .3% decline compared to sales of $27.6 million in Q2 2021. Read More

The Home Depot reported sales of $43.8 billion for the second quarter of fiscal 2022, an increase of $2.7 billion or 6.5% year-over-year. Read More

Overall, housing starts are slowing, but permits have not been as affected, according to the latest Census Bureau data. Single-family construction, however, tells a slightly different story. Read More

Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. Read More

In another sign that a declining housing market has failed to bottom out, builder confidence in the market for newly built single-family homes fell six points in August to 49, marking the first time since May 2020 that the index fell below the key break-even measure of 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Read More

The U.S. terrazzo market is expected to reach USD 13.47 billion by 2030, registering a CAGR of 5.6% from 2022 to 2030. Increasing demand for residential and commercial construction sectors on account of its high-performance characteristics such impact resistance, high durability, and negligible bacteria growth are expected to drive the market growth. Read More

The global engineered stone market is expected to grow from $20.20 billion in 2021 to $21.67 billion in 2022 at a compound annual growth rate (CAGR) of 7.30%. The market is expected to reach $29.92 billion in 2026 at a CAGR of 8.40%. Read More

In the month of June, Spain returned to first place in ceramic tile imports with four million square meters, followed by Italy (3.3 million square meters), Mexico (2.95 million square meters), Turkey (2.5 million square meters), India (2.2 million square meters), and Brazil (two million square meters), according to Grosser Consulting. Total imports for the month were 18.8 million square meters, the highest month so far for this year. Read More

Although laminate’s share of the overall floor coverings market looks modest on its face — according to the Catalina Report, it dropped to 3.2 percent of overall dollar share and 3.5 percent overall square footage sales, down from 3.4 percent and 3.8 percent, respectively, in 2020. The category has performed better than it has in years in 2021, due to gains in the overall market. Read More