Stat of the Week: Post-virus projections
A recent web presentation from Principia Consulting looked at “what if” scenarios for COVID-19’s impact on building products demand and residential construction activity.
The company compared its pre-COVID projections for net manufacturer revenue across eight building product categories, to the same in a scenario in which federal social distancing guidelines continue for 75 days (or until May 30.) The finding: 91% of those pre-COVID projections can be expected in the new scenario.
There eight categories showed very little deviation, ranging from 89% to 92% of the pre-COVID scenario.
Windows, 90%
Roofing, 92%
Siding, 91%
Doors, 89%
Insulation, 90%
Decking, 92%
Railing, 92%
Trim, 91%
Geography also factors into the equation. The middle-Atlantic is expected to see the biggest difference: 84% of pre-COVID projections. The West North Central is expected to see the least: 94%.
The company compared its pre-COVID projections for net manufacturer revenue across eight building product categories, to the same in a scenario in which federal social distancing guidelines continue for 75 days (or until May 30.) The finding: 91% of those pre-COVID projections can be expected in the new scenario.
There eight categories showed very little deviation, ranging from 89% to 92% of the pre-COVID scenario.
Windows, 90%
Roofing, 92%
Siding, 91%
Doors, 89%
Insulation, 90%
Decking, 92%
Railing, 92%
Trim, 91%
Geography also factors into the equation. The middle-Atlantic is expected to see the biggest difference: 84% of pre-COVID projections. The West North Central is expected to see the least: 94%.