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STATS: Carpet rebounds after dismal Q2

Floor Covering News

In the second quarter of 2020, residential carpet sales plummeted 23% in volume and 27.4% When all the numbers were crunched for 2020, FCNews research shows overall carpet sales fell 12.5% billion in 2019. Total area rug sales fell an estimated 2% to $2.576 billion in 2020, according to industry estimates.

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Resilient 2023: Industry-wide challenges mitigate growth

Floor Covering News

While there are still four months left before the calendar turns, category experts agree 2023 will likely see the first resilient sales decline for the category. The consensus among the major resilient flooring suppliers is that once the dust clears, 2023 will see resilient sales down mid-to-high single digits. “A

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NAFCD 2023: Forecast shows improvement over long term

Floor Covering News

No one is expecting floor covering distributors to post banner sales numbers for 2023—certainly not in an environment marked by high inflation and a slumping new home construction market. If you’re on the non-residential side of the street, you’re going to be doing very well in 2024 but you’re going to see some pain in 2025.”