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NWFA: Near-record crowd represents highest turnout in 20 years

Floor Covering News

Martin said NWFA plans to continue demonstrating the industry’s advantages in this regard to the legislative, architectural and design communities to grow the market through sustainability awareness. A third of professionals surveyed expect moderate sales growth, with overall revenues expected to be up between 3%-7%.

Study 111
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NAFCD: Outlook upbeat for commercial market

Floor Covering News

Moreover, the value of non-residential construction put in place as well as the Architectural Billings Index—key barometers of spending on commercial projects—are in positive territory. Research conducted by ITR Economics shows new home sales are down 18.2% from this time last year when the 2021 NAFCD conference was held.

Trends 52
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Economics: A mixed bag of activity for 2023

Floor Covering News

C hi c ag o —The forecast for the new home construction market looks cloudy while non-residential sales are expected to remain robust in 2023. Moreover, the value of non-residential construction put in place as well as the Architectural Billings Index—key barometers of spending on commercial projects—are in positive territory.