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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Despite headaches within the economy —namely high interest/mortgage rates— resilient flooring suppliers are pointing to continued growth in 2024. Many supply chain risks remain for products imported from abroad. Challenges include higher inventory costs due to rising interest rates and product stoppages as U.S.

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Milliken publishes fourth annual sustainability report

Floor Covering News

—Milliken & Company published its fourth annual sustainability report, a key reporting component in the company’s progress toward its 2025 sustainability goals. In 2019, Milliken laid out 12 sustainability goals, focused on its people, its products and the planet. Notably, Milliken also said it increased the diversity of its U.S.

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Armstrong releases third-party assured sustainability report

Floor Covering News

Armstrong Flooring released the company’s first third-party assured, Global Reporting Initiative (GRI)-compliant sustainability report. Third-party certification of 99% of products to low or no volatile organic compound (VOC) emissions and content standards. Lancaster, Pa.—Armstrong Full report here.

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10 social media trends for 2022

Floor Covering News

and hello to selling products and growing digital communities. As social media platforms move more into the e-commerce space, it makes sense to invest in creators who are driving engagement, growing engaged communities and promoting products. use Instagram to discover new brands and products. Social media has evolved.

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Resilient 2023: Industry-wide challenges mitigate growth

Floor Covering News

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 It’s likely that they’re still above 2019 levels for a lot of products but we could continue to see deflation depending on what happens with the economy.”

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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.”

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Economics: Construction outlook mixed for 2024-25

Floor Covering News

Those were just of the main findings of a wide-ranging keynote presentation delivered by Lauren Saidel-Baker, economist with ITR Economics, in her address to commercial flooring contractors in attendance at the recent Fuse Alliance conference here earlier this month. I expect cooling for the rest of this year and a mild pullback in 2025.”

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