It’s no secret that 2020 was a year packed with challenges for the PHCP-PVF supply chain. Some areas of our industry, such as the residential construction and remodeling markets have flourished. No matter the market sector, distributors have entered 2021 with high hopes and are searching for answers when it comes the state of the industry.
ASA’s Chief Economist Dr. Chris Kuehl gave his last ASA 2020 economic update webinar on Dec. 16. Kuehl noted the housing market will remain robust. “A generational change is getting close, which will affect the PHCP industry,” said Kuehl. “There are a lot more existing homes on the market today as Baby Boomers are not leaving homes to the younger family members like they used to.”