As the third quarter of 2011 comes to a close, FCNews asked a few important questions of a few important players in the carpet industry: How has business been? Have this year’s challenges been different from those we saw in 2010? What are consumers buying? What is the deal with all this carpet-related legislation coming from California?
Overall, last year’s increase in spending from the first-time homeowners tax credit gave consumers a boost in confidence to remodel—though on a smaller scale than in years past—and has begun to wane. Commitment to new production technologies, new trends and a resilient frame of mind has kept residential carpet sales relatively flat over the last nine months and given a lift to the commercial market. Continue reading State of the industry: Carpet continues to bounce along at the bottom