February 5, 2009
“Coming on the heels of unprecedented growth over the past decade,” the home improvement industry is in the midst of a “severe downturn,” says a new report from the Joint Center for Housing Studies at Harvard University. The study suggests that by the time a recovery begins, “the entire industry is expected to begin a marked transition on both the demand and supply...
January 15, 2009
2009 will be a year for diversifying and differentiation
While many of the top manufacturers in the country look to analysts’ reports and economic indicators to gauge demand for this year, window and door dealers and distributors are more often relying on their direct interaction with customers to know how things are going in the market. We touched base with a few former Window & Door Dealers of the Year award winners to get their take on how...
December 2, 2008
It’s nice to see positive numbers for a change. That was my reaction when I saw the Freedonia Group predicting an average annual growth rate of 2.8% for window and door demand in its latest market study.
Predictions for an annual average 2.8% growth rate through 2012...
Sound too optimistic
Sound too pessimistic
If poll form doesn't work...
June 1, 2008
Residential product demand should see some recovery in 2009, but growth will be slow
With both new home construction and residential remodeling expenditures down, window sales will fall another 11.8 percent this year, according to a new report from the American Architectural Manufacturers Association and the Window & Door Manufacturers Association. Although cautious regarding the high inventory of unsold homes, the study sees the residential market beginning to regain some...
January 15, 2008
A leaner window and door industry may emerge thanks to this year’s tight market.
Window and door executives across the country are adopting the following mantra for 2008: What doesn’t kill us will make us stronger.
It goes without saying that we’re in for another tough year, but many industry representatives believe the survival-of-the-fittest phase that will mark this year will result in a leaner, meaner fenestration industry on the other side of the downturn....
March 15, 2007
New study sees growth slowing to 3.3 percent per year
Window and door demand in the United States will increase 3.3 percent annually through 2010 to $36.5 billion, according to a new study from the Freedonia Group Inc. The annual growth rate represents a deceleration from the 2000-2005 period, attributed largely to a sharp drop in single-family housing construction from the strong pace of recent years.
“We’re not quite at the bottom yet...
August 15, 2006
New study sees growth through 2007 with metal products remaining dominant
After struggling through several years of economic downturn, the Latin American window market is rebounding. A new study from Interconnection Consulting sees sales recovering from a low of 23.8 million units in 2003 to reach 29.9 million by 2007.The Vienna-based market research firm sees gains through most of the region. Some countries, including Argentina, Ecuador, Venezuela and Uruguay will see...