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Multi-family: State of the industry 2023

Floor Covering News

“I’m concerned about inflation and continued interest rate in- creases and the effect they will have on the new construction housing market,” said Brian Caress, CEO of Stafford, Texas-based Redi Carpet, the nation’s largest multi-family flooring specialist. This could have a potential ripple effect on the entire market.

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Multi-family State of the Industry 2022

Floor Covering News

“In late 2020, many economists forecasted very conservative growth numbers for 2021 within the strides of a global pandemic,” noted Dan Butterfield, vice president, residential sales, Dal-Tile. These pressures have forced many builders to focus on stateside manufacturing and distribution,” Larry Browder, EVP of sales, Crossville, pointed out.

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MSI’s Shah outlines his strategy for success

Floor Covering News

According to their son, Raj Shah, president, it’s in the company’s DNA to continuously find ways to engineer methodologies in logistics, product innovation and merchandising and marketing strategies to make flooring and countertops more affordable and accessible to the consumer without sacrificing manufacturer or retailer profitability.

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2020 forecast for multi-family sector calls for cloudy skies

Floor Covering News

Multi-family housing activity in 2019 can be best be described as lackluster, especially compared to the sales seen on the single- family side of the business. Flooring trends. The housing market is important to the flooring industry, representing an estimated one-third of residential sales.

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Contract market looks to weather the storm

Floor Covering News

economy—and the commercial flooring market is no exception. COVID-19 has had a dramatic impact on every aspect of the economy, including commercial flooring sales,” said John Stephens, vice president of marketing, Shaw Contract. Heading into 2020, commercial flooring was on pace to sustain modest growth across the board.

Sales 53