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Stats 2023: Tile flooring price increases buoy dollar sales

Floor Covering News

F or the second year running tile flooring experienced sales growth after its 2020 decline, which had been the category’s first decrease in several years. Tile flooring was up mid-double digits in dollars in 2022 compared to 2021’s high single-digit increase. Volume experienced a slight decrease overall. billion square feet.

Sales 98
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Economics: A mixed bag of activity for 2023

Floor Covering News

These competing and seemingly divergent scenarios are indicative of the complex nature of economic forecasting in a time of unprecedented challenges and change for not only the flooring industry but the U.S. Residential construction dips Research conducted by ITR Economics shows new home sales are down 18.2% economy at large.

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NAFCD: Outlook upbeat for commercial market

Floor Covering News

That was the primary message that Connor Lokar, senior forecaster with ITR Economics, delivered to attendees at the North American Association of Floor Covering Distributors/North American Building Material Distribution Association (NAFCD+NBMDA) convention here earlier this month. economy overall. You are going to have to go get it!”.

Trends 52