Articles

The Bureau of Economic Analysis today released provisional data on the distribution of personal income in 2022, along with full data covering 2021. The distribution of personal income statistics take one of BEA's primary economic indicators—U.S. personal income—and measure how it is distributed across households. This provides a way to assess how households share in the nation's economic growth. Read More

In the first ten months of 2023, total U.S. imports of ceramic tile were 156.7 million square meter, a decline of 10.2% from the same period in 2022 when imports were 174.5 million square meters. This decrease was due to the declines in imports from Spain (-22.5%), Italy (-22.2%), Turkey (-37.5%), Brazil (-19.6%) and Mexico (-4.1%). Read More

Consumer sentiment rose 13.2% to 69.4 in early December, according to preliminary results from the University of Michigan Survey of Consumers. This represents a 16.2% increase year over year. Read More

The goods and services deficit was $64.3 billion in October, up $3.1 billion from $61.2 billion in September, revised, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Read More

For the third consecutive quarter, single-family growth rates were negative for all geographic sectors of the nation, as exurban areas posted the largest increase in marketshare for both single-family and multifamily construction, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q3 2023. Read More

Construction employment, not seasonally adjusted, rose year over year (YOY) from October 2022 in 226 (63%) of the 358 metro areas (including divisions of larger metros) for which the Bureau of Labor Statistics posts construction employment data, fell in 54 (15%), and was unchanged in 78, according to an analysis Associated General Contractors (AGC) released. Read More

Personal income increased $57.1 billion (0.2 percent at a monthly rate) in October. Disposable personal income (DPI)—personal income less personal current taxes—increased $63.4 billion (0.3 percent). Read More

Real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the “second” estimate. Read More

The GCC ceramic tiles market size is expected to reach USD 16.82 billion by 2030, growing at a CAGR of 8.4% during the forecast period. Rising investment in construction projects by the governments of Saudi Arabia, the UAE, and Qatar to boost economic growth in their respective countries is expected to drive the construction industry, thereby, augmenting the demand in the market over the forecast period. Read More

Consumer sentiment declined 3.9% to 61.3 in November, according to final results from the University of Michigan Survey of Consumers. Read More