Industry Analysis & Industry Trends
Set in stone
After an unprecedented investment slump in the US housing market, the non-residential construction downturn and declining manufacturing activity battered the industry, rebounding investment in housing and commercial building will underpin slow, steady growth over the next five years. Increasing domestic housing starts, recovering home valuations and rising per capita disposable income will spur consumer spending on home improvements, bolstering demand for industry products... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a low level of capital intensity of production. For every dollar spent on capital, $9.11 is spent on wages, indicating a highly labor intensive manufacturing process. While there are significant raw material and equipment costs for industry firms, these companies spend less money on machinery, equipment and plant than on labor, as compared to other manufacturing industries. Industry manufacturing typically involves processing basic products such as stone and crushed minerals, for which technological advances are rare, and thus new equipment investments are less often required... purchase to read more