STATS 2024: Slew of factors impact commercial market activity
Floor Covering News
JULY 2, 2024
Encouraging signs of economic recovery following the lingering challenges from the COVID-19 pandemic continued in 2023 for the commercial contract flooring market, although not to the extent of 2022’s 13.1% increase in dollars. FCNews research shows total commercial sales reached $7.227 billion in 2023—a 1.5% decrease from 2022. This compares favorably to overall industry sales, which were off 10.1% from the year prior.
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