Optimism continues among AHMA members

A survey from the Schaumburg, Ill.-based American Hardware Manufacturers Association (AHMA) found most members see sales higher than a year ago.

In comparing current sales levels to year-ago levels, 75% of respondents said sales were higher in September versus year-ago levels, according to the AHMA’s monthly survey. 

In August, 77% of respondents said sales were trending higher.

Timothy S. Farrell, president and CEO of the AHMA said:  “Manufacturers in the home improvement industry remain optimistic about the prospects for future sales growth. And with 75% of our members reporting that current sales levels are higher than year-ago levels, the industry is well-positioned for continued growth.”

Also for September, 13% reported sales were even, and 12% said sales were below year-ago levels.

Looking forward six months, 63% of September respondents said they expect sales to be above current levels, up from 50% in August.  In September, 37% of respondents said they expect sales to be even in six months and none expects sales to be below current levels.

Want to read more?
This content is available only to registered users. Log in to read the rest of this article or create a free account.
© 2014 Home Channel News. All Rights Reserved.