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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

LVT will continue to grow share in the resilient category, but economic concerns such as interest rates, consumer confidence, labor issues and tighter lending standards can and will have an impact on the overall flooring market. Commoditization/saturation of SPC in the marketplace, putting pressure on this category moving out into 2024-2025.

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10 social media trends for 2022

Floor Covering News

And while new social media features and trends can feel never-ending, they also give you the opportunity to experiment and connect with your audience in a different way. 10 social media trends to watch in 2022. 10 social media trends to watch in 2022. is predicted to grow nearly $80 billion by 2025.

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NAFCD 2023: Forecast shows improvement over long term

Floor Covering News

“The housing market will begin to stabilize as we go through 2024 and begin to show more appreciable signs of recovery in 2025,” Beaulieu told the capacity crowd. “If 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.” We’re surviving.

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Economics: Construction outlook mixed for 2024-25

Floor Covering News

In the non-residential market, certain sectors will fare better than others as workforce trends dictate the use of office space and increased spending on leisure travel buoy hospitality, entertainment and retail markets. Pricing trends The current state of the housing market is closely tied to high interest rates and low inventories.

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Economics: Headwinds will moderate growth in 2024 

Floor Covering News

In the keynote session that preceded Beaulieu’s talk, “Economic Trends in Construction and Consumer Markets,” Connor Lokar, senior economist with ITR Economics, expressed similar concerns about the impact of a weak housing market—especially low housing starts—on the floor covering industry. Outlook on U.S. economy,” Beaulieu said.

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