POTOMAC FALLS, VA — Overall sentiment among architectural
woodworkers about business for the next six months is fairly high (62%),
according to respondents to an annual Cost of Doing Business Survey recently
completed by the Architectural Woodwork Institute (AWI). The survey results
suggest an improving environment among architectural woodwork business
For the survey, business sentiment was gauged by four
factors: business conditions, sales pipeline, cash flow and labor quality. The
sales pipeline sentiment for the next six months is significantly higher than
for the last six months, according to the survey — 44% compared with 15%.
Business sentiment is quite unfavorable, at 47%, while labor quality sentiment
is very strong, at 96%.
With regard to capital investments, 42% of respondents said
they invested more than $100,000 in the last 12 months, although among firms
identified as “high-profit,” that figure rose to 64%. During the next 12
months, 35% of responding high-profit firms said they plan to make capital
investments of more than $100,000.
The 2009 AWI Cost of Doing Business Survey and Compensation
Study Report is free of charge to all participating AWI manufacturing members,
while non-participating manufacturing members receive a complimentary Executive
Survey. Single copy prices are $500 for non-participating manufacturing members
and $950 for all others. Visit awinet.org for details or phone 571-323-3636.
The AWI is a nonprofit trade association founded in 1953. It
represents nearly 4,000 members from around the world.
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