Optimism Seen In The Stone Industry!
For many people in the building industry, 2009 was a difficult year. For many stone fabricators, the story is the same. According to “Fabricators Predict Improvement For 2010,” an article, by Michael Reis, found in the January 6, 2010, issue of Stone World, ”For the most part, fabricators feel that the worst is behind, and they are relatively optimistic for 2010 and beyond. These are the results of a survey conducted by the Market Research Department at BNP Media (Stone World’s parent company), and it polled a cross-section of fabricators across the U.S., including large and small firms, as well as relatively new and well-established companies.”
The fact that the economy is starting to improve and that people are starting to spend money again, are positive indicators for growth this year and beyond. Many homeowners who put off doing renovations, or improvements, are now ready to move ahead with their projects. With many kitchen and bathroom renovations, come granite countertops, or granite vanities, “Good News” for us fabricators!
According to the article, “The outlook of fabricators over the next five to 10 years was even more positive. According to the Stone World survey, more than four out of five fabricators (83%) feel that the market for stone in the U.S. will grow over the next five to 10 years.” This is great to hear and at PGC, we are preparing and gearing up for it.
Here’s to some much needed optimism for the stone industry and a great 2010!
Thanks for reading!
Barb
Posted in Company, Granite, Industry News on January 13th, 2010 by Barb | | 0 Comments
