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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. However, while dollar sales were up, much of that came from price increases and inflationary pressures. 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

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. Residential construction dips Research conducted by ITR Economics shows new home sales are down 18.2% What this means is you can look for some solid commercial market activity in 2023.”

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NAFCD: Outlook upbeat for commercial market

Floor Covering News

Research conducted by ITR Economics shows new home sales are down 18.2% Other warning signs are evident in the rate of sales transactions at Home Depot (down 3%), although the volume decline is masked by slightly higher prices. The second half of 2023 is going to be strong, and 2024 is going to be even stronger.

Trends 52