Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

5 consumer trends in a post-pandemic world

Despite many retailers shutting their doors to curb the spread of COVID-19, shopping hasn’t stopped. In May, retail sales made a remarkable rebound after two months of record-setting lows, spiking 17.7 percent according to the U.S. Department of Commerce’s monthly report. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Home Projects & the Pandemic

Current spending levels have likely been boosted by expanded unemployment insurance benefits as well as the result of small business loans under the Payroll Protection Program which provide incentives to for businesses to keep their employees on their payroll during these weaker economic times. Both programs are likely to end soon. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

Sales struggle in 2019

“By the fourth quarter of 2019, housing starts and home improvement construction spending were increasing at double digit rates in response to the 20 percent decline in interest rates in the third and fourth quarter of the year. As a result, U.S. floor coverings dollar sales increased by 2.8 percent in the second half of 2019, while square foot sales began to rise.” – Catalina Research Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

COVID causes downturn, but less than expected

Catalina’s latest analysis of floor coverings industry trends indicate that the company's March predictions of a double-digit sales decline in this year’s second quarter did not occur. On the other hand, the sharp spring back in demand could be held up with the rising number of coronavirus infections in recent weeks. So, let’s review what did occur over the past three months and what the “new normal” may look like. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Millennials will control our world (Four in a five-part series)

ccording to an article on CNBC online, there are approximately 618,000 Millennial millionaires  today and, “by 2030, Millennials will hold five-times as much wealth as they have today and are expected to inherit $68 trillion from their predecessors (their parents) in the great transfer of wealth.” Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Reports Stone Statistics

Catalina Research report on e-commerce sales

Catalina Research has released its newest report on flooring, furnishing and home improvement e-commerce trends.  According to the report, e-commerce sales for the leading online retailers of flooring, furnishing and home improvement products soared as the coronavirus shelter-in-place orders accelerated the shift to e-commerce business. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

New Research Outlines Human Behaviors Impacting Kitchen and Bath Design

NKBA Living Impacts Design study forecasts primary kitchen and bath influences: connectivity, simplification, wellness and living in place Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

RēCo Report 2020

RēCo Report 2020 Monday, June 22, 2020 from Floor Covering Weekly The annual RēCo Market Intelligence Report has held strong for 17 years. Each year, Floor Covering Weekly commissions… Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Kitchen & Bath sales sluggish in 2019

Once the reins are taken off the economy and consumers regain confidence, kitchen and bath product demand is expected to spring back. Historically low interest rates should give a boost to housing demand, and we expect housing sales to resume double-digit growth rates. Households may also begin to trade up to a larger dwelling if they determine they need more work-at-home space. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

State of Tile & Stone

According to Catalina Research’s latest Floor Coverings Industry Quarterly Update, “Ceramic tile lost share of total manufacturer sales in the first quarter of 2020 due to supply chain problems. This was due to the sharp drop in Chinese ceramic tile imports since the U.S. Department of Commerce imposed preliminary duties on Chinese-made tiles.” Read More