The North American Association of Floor Covering Distributors (NAFCD) has released its Quarterly Sales Trends Report, providing data and insights into near term and regional demand trends, sales forecasts and other industry issues.
According to the association, initial 2015 sales growth forecasts are positive with NAFCD distributors forecasting 6% growth versus 3% growth in 2014. NAFCD manufacturer members currently expect to maintain the 11% growth rate posted in 2014. NAFCD members are anticipating 5% to 6% profit growth on average in 2015.