American Hardware
Manufacturers Association (AHMA) is a globally focused trade association of
manufacturers or providers of hardware, home improvement, lawn and garden,
paint and decorating, building and construction and related products, as well
as manufacturers’ representative’s agencies and trade publications. The
association, headquartered in Schaumburg, Illinois, posted a press release in
November 2014 that reported the AHMA Home Improvement Industry Confidence
Index, which is a monthly indicator of the economic health and mood of the home
hardware manufacturing and distribution industry based on a survey of AHMA
members.
The American Hardware Manufacturers
Association’s AHMA Home Improvement Industry Confidence Index’s improved in
October to 345.8, and the Future Expectations Index improved to 239.7.
Eighty-three percent of
respondents said sales were higher in October versus year-ago levels, up from
78 percent in September. Seventeen percent said sales were below year-ago
levels. 61 percent of October respondents said they expect sales to be above
current levels. Thirty-33 percent of respondents said they expect sales
to be even in six months and six percent expect sales to be below current
levels.
Question: Will the outcome of
the midterm elections have an effect on your business?
44 percent responded “Yes,”
28 percent responded “Not Sure,” and 28 percent responded “No.”
Question: How important is it
to your business that rising healthcare costs be brought under control?
94 percent responded “Very
important,” 6 percent responded “Somewhat important,” and zero percent responded
“Not important.”
The data collected from the
survey produces two indexes indicating current situation and future expectations. Both
indexes use survey data from October 2008 as the base reference point.
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