Floor covering demand is highly correlated with interest rate cycles. Interest rate movementsaffect housing demand, non-residential building construction spending, and transportationequipment shipments. Any interest rate decline stimulates flooring sales to...
Signs are pointing to the beginning of a U.S. floor coverings sales recovery. Catalina Research estimates U.S. square foot sales is projected to increase by 2.5% in the first quarter of 2024. This follows a 1.9% gain in the fourth quarter of 2023. Catalina...
