What's happening in the residential and commercial flooring markets? While the flooring and interiors market remained challenged in the first half of 2024, there are modest signs of an impending recovery.
HD Supply announcement on August 2 sent waves through the multifamily and single-family rental world and continues the rapid pace of consolidation in the space.
Anchor Peabody, and investment bank based in Delray Beach, Florida, projects a revenue drop during the year’s first half, but some bright spots could help bridge the gap to the end of the year before an anticipated strong rebound in 2024.
Despite economic drivers that are creating uncertainty, 2022 is still shaping up to be a strong year for flooring, with many avenues leading to opportunity.
