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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% However, if you’re sourcing from Europe, that’s going to be a problem.

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Wood: State of the Industry 2023

Floor Covering News

We don’t use any core material from Europe, so we have not had any issues. The Baltic birch plywood challenge put stress on everyone from an availability, cost and communication point of view,” said Brad Williams, vice president of sales and marketing, Mirage. market—domestic and otherwise—took adequate precautions.