Articles

Ceramic and vinyl imports both saw declines in February, reports Truist. Read More

The GCC ceramic tiles market size is expected to reach USD 16.82 billion by 2030, growing at a CAGR of 8.4% during the forecast period. Rising investment in construction projects by the governments of Saudi Arabia, the UAE, and Qatar to boost economic growth in their respective countries is expected to drive the construction industry, thereby, augmenting the demand in the market over the forecast period. Read More

The 40th Cersaie, held in the Bologna Exhibition Centre from 25 to 29 September, showcased an astonishing array of high-quality and innovative products in visually captivating and emotionally engaging booths. The hard work and investment on the part of the exhibiting companies was amply rewarded by the success of the event, with results that surpassed all expectations. Read More

For several years now, the U.S. ceramic market has been going through a period of transition with the expansion of U.S. manufacturing, removal of Chinese imports from the market through tariffs, significant instability in raw material sourcing and increases in raw material costs, and developments in technology that have enabled advancements in aesthetics and formats. And over the course of the last year, the market has worked to fi nd its footing as a result of these dynamics. At the same time, ceramic manufacturers and importers are fighting the same battles that many other flooring categories are—working to maintain ceramic’s market share, as LVT continues to steal square footage from virtually all other flooring categories; seeking solutions to the shortage of flooring installers; and communicating its value to the various end user groups, many of which do not yet understand that, while costly up front, ceramic carries a significant useful life, offers great durability, and has a strong green story. Read More

Total construction employment moved up to 7,706,000 in July as both residential and nonresidential construction firms added jobs for the month, according to the Associated General Contractors of America. Read More

3Q 2021 U.S. Ceramic Tile Market Update: U.S. ceramic tile consumption rose 15.3% by volume 3Q 2021 YTD compared to the same timeframe in 2020. Read More

Real gross domestic product (GDP) increased at an annual rate of 6.9% in Q4 2021, according to the third estimate released by the Bureau of Economic Analysis. Read More

Construction spending during October 2021 was estimated at a seasonally adjusted annual rate of $1,598.0 billion, 0.2% above the revised September estimate of $1,594.8 billion, according to the U.S. Census Bureau. Read More

European businesses are seeing some easing in the delays they face getting hold of parts and raw materials, but supply-chain blockages pushed their costs higher, driving them to raise prices at record pace and fueling inflationary pressures, reports the Wall Street Journal. Read More

In the week ending November 6, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 4,000 from the previous week's revised level, according to the U.S. Department of Labor, the lowest level for initial claims since March 14, 2020 when it was 256,000.  Read More