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Economics: Construction outlook mixed for 2024-25

Floor Covering News

Housing pulse The latest research from ITR Economics shows there’s reason to be optimistic about the long-term outlook for the U.S. While ITR research shows the number of permits issued are still below last year’s levels, movement is beginning to trend upward. Following are excerpts of her presentation.

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U.S. Terrazzo Market in 2024: $1.47 Billion

Stone Update

Research study cites new flooring systems, automated concrete-tile making, other developments for gains.

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U.S. Countertop Demand $42 Billion in 2024: Study

Stone Update

Research report (pre-Covid-19) predicts market will grow 2.8% annually.

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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% The second half of 2023 is going to be strong, and 2024 is going to be even stronger. The long-term study ITR Economics conducted shows the U.S. The outlook for the residential construction market, however, is not as rosy.

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Economics: A mixed bag of activity for 2023

Floor Covering News

Residential construction dips Research conducted by ITR Economics shows new home sales are down 18.2% The second half of 2023 is going to be strong, and 2024 is going to be even stronger,” Beaulieu said. “If the housing market is the locomotive, then the commercial market is the caboose,” Lokar explained. from this time last year.