October 1, 2007
Washington, D.C.—We are “almost certainly looking at another down year,” David Seiders, chief economist of the National Association of Home Builders, announced at the 75th National Construction Forecast. Citing mortgage and credit problems; home sales, housing starts and permits all being down; and weak demand coupled with heavy inventory, he noted, “The question is will... more »
September 15, 2007
Global demand for windows and doors is projected to rise 5 percent per year to $150 billion in 2011, according to a new report from the Freedonia Group. Product sales will be spurred by generally healthy economic growth, rising per capita income and ongoing industrialization efforts in developing parts of the world.
While demand will continue to increase, the study from the Cleveland-based... more »
May 1, 2007
Remodeling spending may be down this year, and again in 2008, but forecasters don’t expect the same sort of weakness that’s been evident in the new construction market. David Seiders, chief economist for the National Association of Home Builders, is expecting a decline of about 1.5 percent overall this year and perhaps another half a percent drop next year.
Speaking as part of an... more »
Global demand for windows and doors is expected to grow 4.3 percent per annum to $167 billion in 2013, according to a new study from The Freedonia Group Inc. The Cleveland-based research firm projects that China will account for more than half of that expansion, noting that it will surpass the U.S. as the largest market in the world within the next few years.
The 4.3 percant annual growth rate is... more »