AHMA survey shows healthy sales
The American Hardware Manufacturers Association’s Home Improvement Industry Confidence Index revealed mixed results in its latest version.
“While July’s survey shows a slight decline in current sales levels from June, our members continue to report historically strong sales and a high degree of confidence in future sales,” said Timothy S. Farrell, president and CEO of the American Hardware Manufacturers Association (AHMA). “Barring any unforeseen negative macroeconomic developments or dramatic disruptions to the global economy, we expect 2014 to continue to be a growth year for hardware manufacturers.”
In comparing current sales levels with year-ago levels, 77% of respondents said sales were higher in July versus year-ago levels, down from 81% in June.
For July, 18% reported sales were even, and 5% said sales were below year-ago levels.
Looking forward six months, 73% of July respondents said they expect sales to be above current levels, up from 57% in June. In July, 23% of respondents said they expect sales to be even in six months, and 5% expect sales to be below current levels.
Looking forward one year, 82% of AHMA member-respondents project sales will be higher, up from 67% who felt that way in June. Nine percent of July respondents project sales will be even one year from now and 9% project sales will be below current levels.
Makita rolls out versatile job site fan
Makita unveiled a new 18V LXT Lithium-Ion Cordless 13-inch Job Site Fan.
Along with a breeze, the fan brings versatility to the job site. It can run off a variety of battery packs as well as an AC power cord.
The product is also the latest addition to the expanding 18V LXT line up, described by the company as the world’s largest cordless tool series powered by an 18V lithium-ion slide-style battery.
"Makita continues to be the market leader in 18 volt Lithium-Ion with a growing assortment of solutions in our expanding 18V LXT line-up," said Mario Lopez, Makita Product Manager, Cordless Tools. "With 4 hours of run time and a range of convenience features, the DCF300Z is a powerful and portable solution for painters and contractors, and more."
The DCF300Z has three speed settings and an oscillation selector for optimal air velocity and control, with up to 4 hours of continuous run time in low speed with a fast-charging 18V LXT Lithium-Ion 4.0 Ah battery (sold separately). For added convenience, the 3-stage automatic timer offers 1, 2 and 4-hour power-off selection.