Investor Presentaiton
1
Demand Drivers: U.S. Economic and Housing
Market Growth
WFP
U.S. Repair & Remodel Expenditures
200
Expenditures (US$ billions)
2020-2024 CAGR = 2.9%
150
100
$158
$148 $137
$128
$130
$125
$115
$117 $122
$122 $115 $116
$122
$130
$138
50
50
0
H
$147
$135
$147
$144
$146
$152
2004A 2005A 2006A 2007A 2008A 2009A 2010A 2011A 2012A 2013A 2014A 2015A 2016A 2017A 2018A 2019A 2020E 2021E 2022 E 2023E 2024E
U.S. Housing Starts
Housing Starts (millions)
2.5
2.0
1.5-
50-Year Average: 1.4MM
2020-2024 CAGR = 2.8%
1.0
2.07
1.95
1.81
1.34
0.5
0.90
0.93 1.00
1.11
1.18
1.21
1.25 1.30
1.36
1.45 1.52
1.28 1.33
0.78
0.55 0.59
0.61
0.0
2004A 2005A 2006A 2007A 2008A 2009A 2010A 2011A 2012A 2013A 2014A 2015A 2016A 2017A 2018A 2019A 2020 E 2021E 2022 E 2023E 2024E
Source: Forest Economic Advisors (May 2020)
29
29View entire presentation