Recession Causes Slump in Wood Floor Sales
Wood floor sales have been slumping in recent times, and while many have been pointing the finger firmly at ultra cheap Chinese wood floor imports, at least one expert believes the imports are being incorrectly assigned the blame for the slump when the true cause could be much simpler – the economic recession.
While there has been considerable consternation in the United Kingdom over the cheap Chinese wood floor imports, that is nothing compared to the controversy that has been unleashed in the United States, where legal action has actually been taken against the import of the foreign flooring in order to try and protect the domestic market, which appears to be ailing in both the selling of wood floors and associated areas, such as floor sanding and polishing
Yet the Flooring Director of IDS, Neil Smith, believes that the cause of the slump in wood floor sales in both the United States and the United Kingdom is based on nothing of the sort. “I do not share this view” Smith told flooring magazine CFJ. “(The) fact is that demand has dried up across the board from consumers to house builders, as well as the refurbishment market, so it doesn’t matter where the products come from.” Smith also points out that the quality of the imported Chinese wood floors are also a lot higher than they are being given credit for, acknowledging that it is the “silly” prices that are giving them a bad name.