March/April 2009
Remodeling industry blues; competing chemical companies; moldy decks; more
First 100 Words:
DECKING NEWS Home-Improvement Industry Needs Work Weak home sales, tight credit, and job losses are casting long shadows over the remodeling industry. Nationwide, remodelers are pessimistic, and even the most optimistic economic analysts are projecting that housing won't hit bottom before the fourth quarter of this year. The Remodeling Market Index for future expectations hit an all-time low of 19.6 out of 100 for the fourth quarter of 2008. This measure of remodeler sentiment from the National Association of Home Builders (NAHB) is based on appointments for proposals, calls for bids, work committed for the next quarter, and backlog of
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