Up or Down for 2011?

John G. Swanson
June 28, 2011
THE TALK...

Most window and door folks I've talked to recently sound more than a bit disappointed about 2011 to date. Sales are off at many companies and flat at others. It's not what people expected.   

According to our Industry Pulse study featured in the January/February issue this year, 55 percent of our readers predicted sales would increase slightly in 2010 over 2011.  About 15 percent forecast their sales to increase significantly.  It hasn't happened.

So now that we're near the half-way point, how are you feeling about the rest of 2011?  That's our poll question of the week.  And as usual, I'd like you to share your thoughts and any predictions. Is your market or niche doing okay already? Are we going to have to wait until 2012 for better sales? Post a comment below or email me.

 

Survey Results for 06/29/2011 :

Will the second half of 2011 be better than the first?

I expect the second half of the year will be worse.

  

 

45%

I don't see much improvement coming.

  

 

32%

I'm not sure, but I think business will get better.

  

 

15%

Yes, things are already moving in right direction.

  

 

8%

The poll results are not very encouraging, and I guess that should not be too big a surprise. The headlines include a continued trickle of weak economic data.  And, of course, the impasse in Washington on a plan that will reduce the deficit and allow the U.S. debt ceiling to be raised dominates the news now. 

I am almost glad that we didn't get additional comments. Sure, there's plenty of people to criticize and plenty of reasons for concern going forward.  I doubt there's any shortage of strong feelings out there.  Personally, I took vacation with my family last week and that was probably the most productive step I could take. I don't know if I'm any more optimistic about the economy or the window and door business, but I do feel better.  I hope all of you out there can enjoy a nice vacation sometime this summer too.  

 

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If the Japanese disaster and out-of-control oil prices slowed economic recovery in the first half of 2011, a second half of the year free of such setbacks could mean better days for the economy. This is according to analysts whose posts I found by byfiles search saying that economic growth is set to ramp up. The AP surveyed 38 top economists and found that the average projected growth for the rest of the year is 3.2 percent, which would be an improvement from the 1.9 percent growth in the first three months of the year. The economists predicted an average growth of 2.3 percent for the second quarter, which ends this week. An increase in growth doesn't mean the nation's struggles with unemployment will cease. The story says the economy has to grow an average of 5 percent for a year to lower unemployment to 8.1 percent from its current 9.1 percent.

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