Publication Date:
Wed, 2011-06-08 15:43
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Report: Demand for residential windows rebounded in 2010 after four years of decline
The new residential construction market helped drive demand higher for windows in 2010 following four years of decline, according to the 2010/2011 U.S. Industry Statistical Review and Forecast, published jointly by the American Architectural Manufacturers Association (AAMA) and the Window and Door Manufacturers Association (WDMA).
The remodeling and replacement market segment also showed a gain in demand for windows. This was, in part, driven by the federal tax credit for energy-efficient replacement windows worth 30 percent of the cost of the windows up to $1,500.
Residential skylights experienced similar growth, likewise driven by the activity in the remodeling and replacement market. The new construction segment of the residential skylight market, however, declined from 2009 to 2010.
The positive movement in both new construction starts and the replacement and remodeling sector in 2010 impacted the residential door market, which showed increases in demands from 2009 to 2010. However, demand for non-residential doors continued to decline in 2010, reflecting the slow-down in non-residential construction activity. Further declines in the non-residential door market are predicted for 2011.
For more, visit: http://www.aamanet.org/news/1/10/0/all/557/aama-wdma-window-door-skyligh... [1].
