Show mirrors Canada’s economic recovery
October 26, 2009 By Administrator
Oct. 26, 2009 – Win-door North America, scheduled for Nov. 17 to 19,
2009 at the Metro Toronto Convention Centre, continues to add
exhibitors, even though the show is only weeks away.
Oct. 26, 2009 – Win-door North America, scheduled for Nov. 17 to 19, 2009 at the Metro Toronto Convention Centre, continues to add exhibitors, even though the show is only weeks away.
“We’re encouraged by this late, but ongoing sales activity”, notes Show Committee Chairman, Matt Kottke of Minnesota-based Truth Hardware. “Clearly, companies are beginning to feel more confident about a gradual improvement in the economy and as a result, they’re willing to make an investment in the show.
In the last month, the number of exhibitors has increased by 20% and we’ve had to redraw our floorplan to accommodate the growth.”
Recently, Bob Dugan, Chief Economist at Canada Mortgage and Housing Corporation’s Market Analysis Centre reported … “starts of single homes, which are a barometer of the trend in housing markets, climbed in September to reach their highest level so far this year”. And, while commercial construction has been hit hard by the recession, recent figures in that sector also signal an upswing. ‘Shovel ready’ projects announced by the federal government at the beginning of the year are starting to move earth, which signals that institutional construction spending should gain momentum through the remainder of 2009.
Institutional construction spending which spans government buildings, health care facilities, schools, colleges and universities reveals that year-to-date planned spending is up from 20 to 40% across the sector.
Kottke continues, “We’re looking forward to a show that will bring out serious buyers – those who have continued to make buying plans throughout the course of the last several months. Looking ahead, Ontario’s domestic economy should continue to benefit from both monetary stimulus in the form of low interest rates and fiscal stimulus in the form of increased government spending. What that adds up to is a healthier show than we ever thought possible a year ago and it signals a recovery in real terms for our industry showcase.”
Easy online registration is available at www.windoorshow.com
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