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Consumer Sentiment Rose 13.2% to 69.4 in Early December

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

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Crazy For Countertops

Countertops are the keystone in every kitchen, tying together the flooring, walls, cabinetry and appliances. With so many different options available — from quartz to granite, tile to engineered stone — it’s a matter of what is most important to the consumer and identifying the right option for them. Read More

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Trade Deficit Widened by $3.1 Billion in October

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

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Exurban Areas Continued to Lead in Homebuilding in Q3

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

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Construction Employment Rose in 63% of Metro Areas YOY in October

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

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BEA News: Personal Income and Outlays, October 2023

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

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BEA News: Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2023

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

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GCC Ceramic Tiles Market Size, Share & Trends Analysis Report By Product (Glazed Ceramic Tiles, Porcelain), By Application, By End-use (Residential, Commercial), By Country, And Segment Forecasts, 2023 - 2030

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

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TCNA to Hold Tile Heritage Foundation Exhibit TexTiles

The Tile Council of North America (TCNA) welcomes the public to attend the festive opening reception of the Tile Heritage Foundation's exhibit, TexTiles, December 1, 2023, Simpsonville, South Carolina. Read More

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Consumer Sentiment Declined 3.9% to 61.3 in November

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