Economic Indicators Industry Forecasts Industry Statistics

Q2 Remodeling Confidence Index Posts 10 Point Decline YOY

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 77, declining ten points compared to the second quarter of 2021. Read More

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Appealing to Millennials & Gen Z

As of 2020, Millennials and Generation Z account for more than 42 percent of the U.S. population, with Millennials eking past Baby Boomers for the title of the biggest generation. And with Millennials ranging from their mid-20s to early 40s and Gen Zers entering adulthood, these combined demographics make up a significant, lucrative segment of consumers. Ensuring you have not only the products these consumers are looking for, but the messaging and marketing that they respond to, is critical to your success. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports

Ceramic Imports Rose to 17.9M Square Meters in May

In the month of May, Italy jumped to first place in ceramic tile imports with 3.4 million square meters, followed by Spain 2.9 million square meters, Mexico 2.7 million square meters, India 2.46 million square meters, Turkey 2.4 million square meters and Brazil 1.8 million square meters, reports Grosser Consulting. Total imports for the month were 17.9 million square meters, the highest month so far for this year. Read More

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Influencing the Journey

Consumers demand a seamless and simple journey. Once complicated by the stark contrast of what was presented online and what was in store, web-based and brick-and-mortar, when done right, can allow the consumer to research and select the product that fits both their need and personal style in a truly aligned and easy way. Today, that journey is being influenced by opposing forces further complicating the process of engaging and capturing the consumer’s attention and dollars. Read More

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Inflation Woes Slow Economy

Just as the world comes out of the two-year pandemic, record inflation and gas prices have put the brakes on what was a fast-growing economy. With everything from groceries to gas costing more, consumers are reconsidering where to spend their money — and increasingly, that doesn’t seem to be on home projects and flooring products. Read More

Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

IN 2021 A DEFINITE UPTAKE (+18.5%) IN EXPORTS OF STONE TECHNOLOGIES MADE IN ITALY

In 2021 the worth of Italy’s exports of machines, installations, tools and other equipment to extract and process natural stones rose by 18.5% from the previous year, reaching 1 billion 107.1 million euros. Read More

Ceramic Tile Statistics Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Published Articles Reports Stone Statistics

MARITIME SHIPMENTS SLOWER AND COSTLIER DUE TO “LONG COVID”

According to the analysis, in 2019 it took 39 days for a container ship to travel from China to the United States, while in 2020 it took 49 days and in 2021 68. Costs increased as well: in 2019 shipping a container by sea cost an average of US$1,421, rising to US$2,171 in 2020 and to a whopping US$7,556 in 2021. Read More

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DECIDED UPTAKE IN 2021 IN STONE/TECHNO-STONE EXPORTS TO THE USA

Final 2021 data processed by the Confindustria Marmomacchine Studies Center confirm the excellent growth in sales to the United States, the top destination market for both finished stone products and complementary stone technologies Made in Italy. Read More

Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

IN 2021 ITALIAN STONE EXPORTS START TO GROW AGAIN: + 20.8% ON 2020 AND + 1.9% ON 2019

After closing 2020 with a 17.3% drop in sales abroad, the Italian stone industry last year recorded a marked growth in its exports - which affected almost all the main sector reference markets -, linking the economic recovery and the renewed momentum of the construction sector worldwide. Read More

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Housing Market Index Falls to Lowest Reading Since June 2020

Rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment, reports the National Association of Homebuilders (NAHB). Read More