Flooring Recovery Depends on Interest Rates, Interest Rates, and Interest Rates – Stuart Hirschhorn
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...
The Many “Ifs” Leading to A 2024 Floor Coverings Sales Recovery: By Stuart Hirshhorn
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...