Industry Analysis & Industry Trends
Regaining ground
This industry enjoys a solid foundation of demand from diverse construction industries. So, when housing industries hit a cyclical low, buoyant demand from nonbuilding construction can help keep the industry afloat. Still, the economic downturn took its toll on the industry when people put off major purchases, like of homes. As economic and lending conditions and building activities improve in the coming years, demand and revenue growth will return... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is considered to be in a declining stage of its life cycle. Many of the industry's key products are approaching market saturation (notably flat glass, gypsum and wire products). At the same time, manufactured housing has been in a downward spiral for the past decade and a reversal of this trend would require significant changes in consumer preferences or production technologies.
The industry is expected to continue to gradually decline as a share of the US economy over the long term, although revenue growth is forecast to exceed GDP over next five years due to the resurgence in downstream construction markets... purchase to read more