AAMA and WDMA release 2012/2013 Industry Review and Forecast

  Sector trends

The AAMA/WDMA 2012/2013 US Industry Statistical Review and Forecast provides information on window, door and skylight market trends and product relationships, with forecasts based on projections of construction activity as of March 2013.

Markettrends
AAMA and WDMA have jointly released the 2012/2013 US Industry Statistical Review and Forecast
The American Architectural Manufacturers Association (AAMA) and the Window & Door Manufacturers Association (WDMA) have jointly released the AAMA/WDMA 2012/2013 US Industry Statistical Review and Forecast. This report provides information on window, door and skylight market trends and product relationships. Historic data for 2006 through 2012, and forecast data for 2013 through 2015, are also included. Forecasts are based on projections of construction activity as of March 2013.
In 2012, new residential construction activity closed with a 26.5% improvement compared to 2011, which is slightly better than what was forecasted last December. This improvement is attributed to strong gains in both single family and multi-family segments. The study forecasts similar improvement for 2013, with multi-family and single family starts each expected to experience a 28% growth. Going forward, the overall new housing market is expected to continue a similar level of growth for at least the next two years.
The demand for prime windows rebounded somewhat in 2012 and increased overall by 6%, driven by a very strong demand for new housing. The outlook for residential window demand continues to be optimistic, with expectations for a 15% increase in 2013. The expected increase is driven largely by expectations for stronger new construction activity and a 9% increase for renovation.
Non-residential construction activity experienced slow growth, though the net effect was negligible in categories...


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