Distributors and manufacturers in the floor covering sector saw 10 percent and 4 percent increases, respectively, in sales in the first quarter of 2015, according to the North American Association of Floor Covering Distributors, which released its 2015 Quarterly Sales Trend Report this month.
Distributor sales growth targets were up 6 percent in the first quarter of 2015 and were two points higher than actual growth in the first quarter of 2014. However, 30 percent of distributors have reduced forecasts for the second quarter of 2015.
Manufacturers expect 2015 sales to improve on last year’s by more than 15 percent.
The full report is available to members at NAFCD’s website.
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