AAMA releases 2018-19 Industry Review & Forecast
Monday, May 13, 2019
The American Architectural Manufacturers Association (AAMA) has released the AAMA 2018/2019 U.S. Industry Statistical Review and Forecast. This report delivers timely information on window, door and skylight market trends and product relationships. Historic data for 2010 through 2018 and forecast data for 2019 through 2021 are also included in the report. Forecasts are based on projections of construction activity as of March 2019.
Some Key Statistics:
Total housing starts continued their growth curve in 2018 with gains in the single-family segment of 3 percent and in the multi-family segment of 7 percent. New housing is expected to grow by 1.4 percent in 2019, led by single-family housing starts. Going forward, the overall new housing market is expected to continue to grow through 2021.
In 2017, non-residential construction demand for entry doors grew by 1.5 percent. Total volume increased to 2.6 million units. Looking forward, growth is expected to continue at 2.5 percent in 2019 and 1.0 percent in 2020.