Analyst Study on Owens Corning and USG - Uncertainties and Weaknesses Prevail
September 20 2010 - 8:59AM
Marketwired
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Owens Corning (NYSE: OC)
and USG
Corp. (NYSE: USG). Register with
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The General Building Materials sector has been hit hard by the
recent struggles in the residential and commercial housing markets.
With 2010 on track to be the third year in a row with under
1,000,000 new houses under-construction, residential building
levels have been at historic lows. This hurts the general building
materials industry that makes a large portion of its profits
supplying the materials needed to build new houses.
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investors can have specific access to complimentary reports on
general building materials industry; traders looking for analysis
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To offset some of this loss, companies have raised prices on
commercial materials. However, with banks hesitant to lend money
for commercial construction projects, this segment of business
could soon be hurting as well. One potential reason for the low
house start levels is the 10% increase in building cost for new
homes. This compared to the 10-15% decrease in new home values
makes it easy to see why many people are opting not to build. Visit
us at http://www.wallstreetequityresearch.com/ to understand the
catalysts and forces driving or affecting companies in the general
building materials industry.
President Barrack Obama's proposed $50 billion highway stimulus
plan could help the struggling General Building Materials industry.
With the highway stimulus segment of the $814 billion American
Recovery and Reinvestment Act slated to run out next year, this new
proposal should help pick up some of the slack anticipated
throughout the industry. However, many companies are not raising
their forecasts as state highway spending has fallen since the
stimulus went into effect. The newest proposal still needs to be
approved by congress.
Despite the weaknesses within the industry that have brought a
sharp drop in share prices of companies like USG Corp., some
companies like Owens Corning are still performing. Investors can
register today at
http://wallstreetequityresearch.com/September202010OwensCorning(OC)200910.php
or
http://wallstreetequityresearch.com/September202010USGCorp.(USG)200910.php
to download the full reports on Owens Corning
and USG Corp.
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