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Hardwood Flooring Shipments Continue Growth

¡¾2002.03.25¡¿

Hardwood Flooring Shipments Continue Growth
HMR Custom News
The Monthly Report On Strip Shipments, released Wednesday by NOFMA: The Wood Flooring Manufacturers Association, has solid hardwood flooring shipments at an estimated 57,996,000 board feet in February 2002. That number is up 7,370,000 board feet over the figure for the same reporting period last year, accounting for an 18.5 percent increase.

For the year, manufacturers¡¯ shipments of solid hardwood flooring stand at 93,836,000 board feet, exceeding the January-February 2001 total by 15,027,000 board feet. Actually, the torrid pace of shipments began in December. When combined with the 2002 year-to-date figures, solid hardwood flooring shipments have grown in the last three consecutive months by more than 24,000,000 board feet ¨C an astonishing, 19.1% rate of growth.

NOFMA: The Wood Flooring Manufacturers Association is a trade association of U.S.-based manufacturers of solid and engineered hardwood flooring, representing approximately 85% of known production capacity within the United States.

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