New report sees modest increases in 2011 and stronger growth ahead
Residential window sales are expected to inch up once again this year, following a modest recovery in 2010, according to a new report from the American Architectural Manufacturers Association and the Window & Door Manufacturers Association. Offering projections through 2014, the study foresees remodeling/replacement sales rebounding over the next few years. The new construction market is expected to improve, but will fall far short of pre-recessionary levels.
The nonresidential fenestration industry faces a tougher year ahead. Prepared by Ducker Worldwide, the AAMA/WDMA 2010/2011 U.S. Industry Statistical Review and Forecast predicts sales will continue to fall this year before a modest recovery begins next year. Larger gains will come in 2013 and 2014.