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Ceramic Imports Rose by Both Meters & Dollars in 2021

FOB ceramic tile pricing in 2021 was up by 22.3% in dollars, reports Grosser Consulting. By meters, ceramic imports rose 14%. This was the best performance for imports in years. Read More

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Housing Affordability Will Remain a Significant Challenge in 2022

Low existing home inventory and strong buyer demand will keep housing moving forward in 2022 even as builders continue to grapple with ongoing building material production bottlenecks and labor shortages that will limit the pace of construction and keep upward pressure on home prices, according to economists speaking at the International Builders' Show in Orlando, Fla. today. Read More

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Remodeling demand remained strong in 2021

The NAHB/Royal Building Products Remodeling Market Index (RMI) showed continued year-over-year improvement in remodelers' sentiment, with index levels at well above break-even point of 50. Read More

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Employment Rose by 467K in Nov., Unemployment Steady at 4%

Total nonfarm payroll employment rose by 467,000 in January, and the unemployment rate was little changed at 4.0%, the U.S. Bureau of Labor Statistics reported.  Read More

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Construction Spending Rose 0.2% in December

Construction spending during December 2021 was estimated at a seasonally adjusted annual rate of $1,639.9 billion, 0.2% above the revised November estimate of $1,636.5 billion, according to the U.S. Census Bureau. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports

Ceramic Tiles Market Research Report - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Ceramic Tiles Market size was estimated at USD 215.75 billion in 2020, is expected to reach USD 231.11 billion in 2021, and is projected to grow at a CAGR of 7.48% to reach USD 357.60 billion by 2027. Read More

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Jan. Consumer Sentiment Down 4.8% to 67.2, Lowest Since Nov. 2011

Consumer sentiment declined 4.8% to 67.2 in January, according to the University of Michigan Survey of Consumers. Read More

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BEA News: Personal Income and Outlays, December 2021

Personal income increased $70.7 billion, or 0.3 percent at a monthly rate, while consumer spending decreased $95.2 billion, or 0.6 percent, in December. Read More

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Fed Announces Plans to Raise Interest Rates Mid-March

The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to bring down inflation, reports the Wall Street Journal. Read More

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BEA News: Gross Domestic Product, Fourth Quarter and Year 2021 (Advance Estimate)

Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021, following an increase of 2.3 percent in the third quarter. Read More