Posts Tagged ‘ inflation ’

Trade Shows: Why You Can’t Afford to Stay Home

Oct 6th, 2022

Can you afford to take time away to go to upcoming trade shows? Well, most of my customers are still as busy as ever, despite the slowdown in new construction and thanks to backorders. But unfortunately, due to inflation and higher interest rates, a slowdown is just on the horizon. Holiday spending will be more […]

A Slowdown is Happening: Cross Train Your People

Aug 18th, 2022

During customer visits in the last few weeks, the feedback I am getting is that a slowdown is indeed happening. Window fabricators may produce a steady number of units, but new orders do not match daily production levels. Backorders make up the difference. Lead times are coming back down and in some cases are returning […]

NAHB Urges Congress Take Action to Ease Housing Affordability Crisis

Jul 25th, 2022

At a Senate Finance Committee hearing last week regarding the role of tax incentives in affordable housing, the National Association of Home Builders (NAHB) told Congress that the housing affordability crisis is far-reaching and will require action on several fronts, not just the tax arena. “The housing affordability crisis is the result of failing to […]

Holding on to Your Workforce

Jul 7th, 2022

With inflation on the rise and high gasoline prices biting into the discretionary income of working Americans, employers are tasked with ensuring that their wage rates are optimized to attract and maintain a reliable workforce. I recently returned from a road trip and spent time on the manufacturing floors of some of my top customers. […]

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 […]

Feds Step in to Address Inflation, Supply Chain and Energy Conservation

Jun 21st, 2022

Discussion of rising fuel and inflation prices made its way into the recent meeting of the Fenestration and Glazing Industry Alliance (FGIA) as the industry continues to grapple with rising costs. Kathy Krafka Harkema, U.S. technical operations director, provided an overview of inflation and other obstacles, at FGIA’s 2022 Virtual Summer Conference the week of […]

Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation

Jun 17th, 2022

The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse cold water on historic inflation. Door and window industry executives say the increase is necessary but it is likely to test companies’ resolve. Recording-Breaking Rates The rate hike is the […]

Quanex Building Products Reports Record Quarter in FY22

Jun 6th, 2022

Despite inflation and supply chain challenges, Quanex Building Products Corp. saw a record second quarter. George Wilson, president and CEO, said the company had noticeable revenue growth and improved profitability. “Demand for our products was better than expected during the second quarter, and we started to see the benefit of our pass-through pricing strategy,” said […]

Masonite Reports “Exceptional Start” to 2022

May 10th, 2022

Last week, Masonite International Corporation announced results for the three months ended April 3, 2022. The company reports that its net sales were up 12% year over year, from $646 million in the first quarter of 2021 to $726 million. The increase resulted from a 15% increase in average unit price (AUP), partially offset by […]

Jeld-Wen Experiences Revenue Growth, Impacts of Inflation

May 3rd, 2022

Jeld-Wen reports seven consecutive quarters of core revenue growth along with a 7.2% increase in net revenue from the same time last year. However, the company noted in its first-quarter results for 2022 a $26 million decrease in net income from one year prior, primarily resulting from inflation. Net revenue increased by 7.2% to $1,171.0 […]

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