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Nonresidential Window Sales Growth Expected to Continue

Post Time:Jun 10,2013Classify:Industry NewsView:44

Bottoming out in 2010, the nonresidential fenestration market has seen slow but steady increases since then, according to a new report from theAmerican Architectural Manufacturers Associationand theWindow & Door Manufacturers Association. Prepared by Ducker Worldwide, the AAMA/WDMA 2012/2013 U.S. Industry Statistical Review and Forecast reports contract awards, which reflect activity related to new nonresidential construction and major additions to existing structures, were up 6 percent again in 2012, with most nonresidential building construction sectors seeing gains as vacancy rates subsided. The office/hotel/institutional category was off last year, while the manufacturing/warehouse and retail sectors increased.

Looking ahead, the report sees market growth across the board through 2015. Nonresidential window sales should be up about 5 percent this year, topping 400 million square feet of vision area. Growth levels should improve in 2014 and 2015, according to the study. Nonresidential entry and interior door sales are expected to follow a similar pattern.

The AAMA/WDMA study features historical data for 2006 through 2012 and forecasts for 2013 through 2015 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.

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Source: http://www.glassmagazine.com/news-item/commercial/nonresidential-window-sales-growth-expected-continue-1311255Author:

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