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Page 2 of 3
Contractors' labor shortage
will affect manufacturers1/12/2007
http://www.contractormag.com/articles/newsarticle.cfm?newsid=887
market as well. Two primary factors will be the aging baby boomers and a larger group of immigrants in the home-buyer market.
Houses designed for "active adults" or as second homes will appeal to the baby boomers, he said. Lower-end homes will be more attractive to many immigrants.
"Residential new construction will
not be as strong as we like, and the product mix will change," Cullotta said. "The remodel/repair market is likely to remain robust into the foreseeable future. The bathroom and kitchen still will be the sweet spot."
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StatementPage 3 of 3
Contractors' labor shortage will affect manufacturers
1/12/2007
http://www.contractormag.com/articles/newsarticle.cfm?newsid=887