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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Many supply chain risks remain for products imported from abroad. Challenges include higher inventory costs due to rising interest rates and product stoppages as U.S. products support jobs for American workers and help to fuel the U.S. Customs enforce the Uyghur Forced Labor Prevention Act. Moreover, made-in-the-U.S.A.

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Resilient 2023: Industry-wide challenges mitigate growth

Floor Covering News

“A lot of that is because we’ve seen pricing come down, so while square footage may not be off for some, the dollar value’s coming down—you actually got a lower number year over year,” explained Adam Ward, vice president of product management, resilient, Mohawk. Retail prices and costs have come down—we’ve seen deflation across the board.