Posts Tagged ‘ demand ’

Architecture Billings Index Steady but Healthy

Jul 22nd, 2022

Information from the American Institute of Architects (AIA) shows that architecture firms reported increasing demand for design services in June, according to the Architectural Billings Index (ABI). The ABI score for June was 53.2, which is down slightly from May’s score of 53.5. It still indicates moderately strong business conditions overall, as any score above […]

A Paradigm Shift is Just Ahead- Market Research May Be the Answer

Jun 23rd, 2022

Right now, window and door fabricators live in a world where creating demand for their products is no issue. The day-to-day challenges of their business are driven by supply chain issues, labor shortages and long lead times associated with new equipment. But with inflation on the rise, interest-rate hikes being doled out by the Fed […]

The Third and Most Important Factor That Will Define Your Company’s Future

Jun 9th, 2022

This is the third blog to complete the series entitled the three “M” s that Will Define Your Company’s Future. The final “M” and perhaps the most important is Manpower. Your company can have the greatest Marketing plan and invest in the most modern automated Machinery, but without this third M, Manpower, you will be […]

Prime Windows and Entry Doors Up 8 Percent

Apr 28th, 2022

The demand for prime windows grew by 8.8% in 2021, while windows in new housing increased by 13% in 2021, according to the FGIA 2021/2022 Study of the U.S. Market for Windows, Doors and Skylights. In the 2021 residential market, new construction demand for entry doors grew by 8%. The report was released this week […]

AIA Finds Demand for Design Service Continues to Grow

Mar 25th, 2022

According to a new report this week from the American Institute of Architects (AIA), demand for design services grew slightly between January and February. AIA’s Architecture Billings Index (ABI) score for February was 51.3, up from a score of 51.0 in January. Any score above 50 indicates an increase in billings. Firms reported both project […]

NAHB Chairman Calls for Ending Lumber Tariffs, Boosting Output at White House Event

Mar 22nd, 2022

National Association of Homebuilders chairman Jerry Konter urged the Biden administration to increase domestic production of timber from federal lands and to work with Canada on a new softwood lumber agreement that will eliminate tariffs during a virtual White House listening session last week on resolving the lumber and building material supply chain crisis. “Historically […]

Remodeling Demand Remained Strong in 2021 Despite Supply Chain Problems

Feb 10th, 2022

Experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the NAHB International Builders’ Show (IBS) in Orlando said the remodeling industry saw strong demand throughout 2021 despite supply chain problems and rising costs. They report that the NAHB/Royal Building Products Remodeling Market Index (RMI) showed continued year-over-year improvement […]

FGIA Statistical Review and Forecast: A Tale of Two Markets

May 17th, 2021

The Fenestration and Glazing Industry Alliance (FGIA) released the FGIA 2020/2021 U.S. Industry Statistical Review and Forecast recently, and the results back current perspectives for the residential market—growth that will continue through 2021. Meanwhile, the report points to decreases in the commercial sector. Residential Growth Total housing starts rebounded strongly after an initial COVID-19 slowdown and […]

Huttig Building Products Releases Fourth Quarter, Full Year 2020 Financial Results

Mar 5th, 2021

Huttig Building Products Inc., a domestic distributor of millwork, building materials and wood products, has released financial results for the fourth quarter and year ended December 31, 2020. “The momentum we generated through the third quarter of 2020 continued and contributed to our solid fourth quarter results,” said Jon Vrabely, president and CEO of Huttig. […]

Deceuninck FY2020 Financial Results: Strong Performance, Continued Growth in North America

Mar 4th, 2021

Deceuninck Group resumed a profitable growth track in fiscal year 2020, with an adjusted EBITDA and the company is reporting net results reaching their highest levels of the last decade. The Group says the performance was buoyed by continued growth in North America. Deceuninck North America 2020 sales increased by 20%, for a total of […]

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