CHICAGO — Just in time for Christmas, Time magazine’s business section gave us an early present when it ran the story, “Why The Home Building Industry is About To Take Off” (http://ti.me/1cTTnWD). The article noted that seasonally adjusted housing starts in November 2013 topped a million units and quoted a Goldman Sachs analyst who said housing construction could add 300,000 to 500,000 jobs in 2014.
Will 2014 be the year for the hydronics market?
Time’s report simply echoed what we here at CONTRACTOR had already heard a few weeks ago from Dale Stroud, Uponor’s senior director of marketing/offerings. Among them: Housing starts are up Available inventory of new and existing homes is down Measures of builder optimism are up Housing prices are up Non-residential construction put-in-place is up The Architectural Billing Index, a 9-12 month leading indicator, up Construction employment up Consumer confidence up The Remodeling Market Index up North American PEX pipe sales up