Hardwood Floors August/September 2025

By Santo Torcivia

• In 2026, like new starts, existing home sales will grow to about 5 million units annually and then higher. • Real disposable personal income will grow moderately in 2025, buoyed by growth in professional and skilled occupations and then accelerate as employment rises due to investment in domestic production plants coming on-line. • Non-residential construction will experience slow growth in 2025 through 2026, before rising strongly in 2027 and beyond. The strongest sectors will be education, institutional (public safety and transport terminals), and lodgings. • More foreign firms will establish flooring manufacturing operations in the U.S. given logistical advantages, tariff avoidance, low capital costs, and rising labor costs abroad. Tariffs on U.S. imports will garner additional government revenue which will somewhat offset federal deficit spending, slowing the growth of U.S. inflation and U.S. dollar exchange value erosion.

• It is not expected that the war in Ukraine or the Middle East, or any other global war or terrorist threat, will threaten U.S. economic growth. There are not expected to be any significant logistical interruptions during the course of this forecast.

MOISTURE METERS

Ensure the quality and profit of every project

JX-20 & JX-30

• Fast and reliable readings • Dashboard-like backlit display • Export readings and generate reports via EDGE ® app • 2-year warranty

51 Indian Lane East Towaco, NJ 07082

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