December FGIA Industry Update to Market Studies Now Available
The Fenestration and Glazing Industry Alliance (FGIA) has released a second updated industry market study in the FGIA Industry Update of the U.S. Market for Residential and Non-residential Windows, Doors and Skylights. This report is an updated overview of the reports released by the association in May and a prior update released in September. New forecasts included in this update are based on projections of construction activity as of December 2020, including a consensus of current economic and construction forecasts along with input from a sampling of industry participants on year-to-date shipments.
"FGIA continues to recognize that forecasting at a time of unique economic crisis inevitably creates challenges for forward-looking market estimates," said Janice Yglesias, FGIA Executive Director. "The latest report indicates significant shifts between September, the date of the most recent industry update, and December in the overall economic position and forecast into 2021."