Regroup in 2005 for Big Improvement in the Boiler Business

摘要

We at the Institute of Trend Research (ITR) are projecting a positive year ahead with either stable or increasing growth in the following sectors, which are critical to those manufacture mechanical systems, such as boiler systems: private non-residential construction, office buildings, health-care facilities, and schools. We project accelerating growth in general to resume in the second half of 2006 and extend through 2007. Expect most segments of non-residential construction to experience this same soft landing scenario but delayed one to two quarters. The macroeconomic gains projected to pick up in 2007 and on into 2008 strongly suggest that these will be robust years for the construction industry, including the makers of mechanical equipment for the commercial, industrial, and multi-tenant residential markets. In fact, 2005 would be an ideal time to evaluate capital requirements necessary to take maximum advantage of the recovery coming in 2006.