Posts Tagged ‘ demand ’

Vitro Architectural Glass President Discusses the Future of Flat Glass

Mar 6th, 2024

[This article was updated Wednesday, March 6, at 8:53 a.m.] What’s the state of the flat glass industry? Where have we been and where are we going? These are some of the questions Ricardo Maiz, president of Vitro Architectural Glass, tackled during his session at the Building Envelope Contractors (BEC) Conference in Nashville. The event took […]

Dealer Financing May Be Just the Right Catalyst for Sales Goals in the New Year

Feb 1st, 2024

Well one thing is for certain: With pandemic-infused, “off the charts” demand behind us from recent years, the door and window business is back to business cycles marked by seasonality. So, December and January were two slower months, as usual. On top of that, we are headed into an election year. Therefore, many homeowners like […]

Builder Confidence Continues to Climb in Face of Concerns Over Rising Rates

Jul 24th, 2023

The National Association of Homebuilders (NAHB) credits demand for new homes, thanks to low existing inventory, for the increase in builder confidence in the month of July. The increase comes even as mortgage rates rise, construction costs remain elevated and limited lot availability haunts the industry. The NAHB/Wells Fargo Housing Market Index (HMI) shows builder […]

Product Design and Promotion: Creating a Want

May 4th, 2023

With the insane levels of demand that we have experienced the last few years and an emphasis on non-contact sales, the door and window industry has drifted away from the use of showrooms to launch new and innovative designs and promotions. New business was coming in waves and it was all manufacturers could do to […]

NAHB/Wells Fargo HMI Shows Builders “Cautiously Optimistic”

Mar 20th, 2023

High construction costs and elevated interest rates continue to hamper housing affordability, but March had builders showing a “cautious optimism,” as demand shifts to the new home market. Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the most recent National Association of Home Builders […]

Dodge: Future of Construction ‘Bright’ Despite ‘Elements of a Recession’

Mar 2nd, 2023

In November of last year, analysts at Dodge Construction Network predicted that the United States would “narrowly avoid recession,” alongside a slowdown in economic growth. While the firm holds true to that prediction in its new 2022 year-end report, analysts now say that those in the construction sector “can expect to feel elements of a […]

Recent Financial Reports Reiterate Positive Outlook

Feb 13th, 2023

While most publicly traded door and window companies won’t announce fourth-quarter results until late February, a third-quarter report filed last week by NSG Group (parent company to Pilkington) shows what officials are calling a “remarkable” revenue increase from architectural glass for the period ending March 31, 2023. The news from NSG adds to another third-quarter […]

Refocusing

Feb 2nd, 2023

With things slowing down temporarily, door and window executives are finally able to catch their breath and refocus their companies’ plans for steady and sustained growth. In talking to the leaders of various companies, I have found there are three key areas that are being evaluated for possible change. Sourcing With the recent supply chain […]

The Forecast for 2023? A 50/50 Chance of Pane

Jan 5th, 2023

Forecasts are tough. Don’t you just love it when the weatherman calls for a 50% chance of rain? How can he be right? How can he be wrong? So, let’s talk about the forecast for the door and window industry. Overall, 2022 proved to be a very good year with most door and window fabricators […]

Windows & Doors – Important Means of Expression

Dec 22nd, 2022

Well, it is hard to believe that Christmas 2022 is almost here already. As the year winds down, it also appears that the insane demand for fenestration products is also normalizing. This will give us time to catch our breath, spend time with family, reflect upon our accomplishments, and prepare for what I believe will […]