AAMA/WDMA: new report forecasts acceleration in window and door sales

  Sector trends

A new report from AAMA/WDMA gives an insight of the present situation, along with outlooks until 2015. According to the report, prepared by Ducker Worldwide, sales will continue to fall this year before a modest recovery begins next year, while more important gains will come in 2013 and 2014.

2012windowsalestable
Shipments of prime windows - as per the AAMA/WDMA report
According to a new report from the American Architectural Manufacturers Association (AAMA) and the Window & Door Manufacturers Association (WDMA), the weak economic recovery is limiting growth prospects this year, but suggests prospects for sales in both the new construction and remodelling/replacement markets will gain some momentum in 2013 and beyond. After the loss of stimulus tax credits caused a decrease in residential window and door sales last year, the non-residential fenestration industry faces an even more difficult year ahead.
Prepared by Ducker Worldwide, the AAMA/WDMA 2011/2012 U.S. Industry Statistical Review and Forecast, predicts sales will continue to fall this year before a modest recovery begins next year, while more important gains will come in 2013 and 2014.
The study, which features historical data for 2006 through 2011 and forecasts for 2012 through 2015, is based on projections of construction activity and appropriate usage factors developed by Ducker Worldwide. The database for the study's information has been compiled from a number of sources, including the Census Bureau, and association member and non-member companies.
According to the report, the housing market actually started its comeback in 2011 due to a large increase in multi-family construction, with multi-family starts up more than 50% last year, and another 22% increase expected in 2012. Single-family starts are forecast to see a 15% increase this year.
The overall housing market is expected...



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