James Hardie raises 2021 profit forecast on high demand for renovation

Adds details on markets, 2021 forecast

Oct 14 (Reuters)Australian building materials supplier James Hardie Industries JHX.AX on Wednesday raised its full-year profit forecast and said it expected to post record second-quarter results, boosted by solid demand for its services across markets.

Since the COVID-19 pandemic related shutdowns hammered sales earlier in the year, there has been a recovery in Asia Pacific and European markets.

James Hardie, the world’s biggest fibre cement maker, said the all-time high quarterly sales were “made possible by having all three operating regions deliver growth above market.”

In August, it said sales in North America, one of its biggest markets, were buyoed by homeowners turning to renovation amid the pandemic.

The company increased its fiscal 2021 forecast for underlying net operating profit after tax (NOPAT) to between $380 million and $420 million, from an earlier projection of $330 million and $390 million.

It

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Key takeaways from ATA’s Freight Transportation Forecast

The American Trucking Associations (ATA) has released its latest U.S. Freight Transportation Forecast, which predicts freight volumes will grow 36% over the next 11 years. The most recent report, which is a partnership between ATA and IHS Markit, begins with a 2019 baseline and then projects through 2031 the amount of tonnage to be hauled, the revenue collected from those volumes by mode, as well as retail truck sales over that period, and the number of Class 8 vehicles in operation.

“Like the last several editions, we have included historical data for all modes of freight transportation back to 1990,” explained ATA Chief Economist Bob Costello in the report’s opening message. “The historical data is especially useful for gauging growth in each transportation mode, the magnitude of contraction during the recessions, as well as understanding modal share shifts over time.”

According to IHS Markit, total truck tonnage, including for-hire and

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Mortgage rate forecast Q4: Will the low rates continue? | Money

However, Ken H. Johnson, a housing economist at Florida Atlantic University, is less optimistic about a quick economic recovery. “Rates will remain low for at least another year,” he says. “I just do not see full or near-full economic recovery until COVID-19 no longer or minimally impacts the economy.”

— Economic recovery could boost rates

Greg McBride, CFA, Bankrate’s chief financial analyst, sees rates holding steady in the coming year. “Mortgage rates will remain at historically low levels and in no way be an impediment to well-qualified borrowers, but they won’t be quite as low as what was seen in the summer of 2020,” he says. “A refinance fee taking effect in Q4 2020 and further economic improvement will push rates a bit higher.”

Audrey Boissonou of Guarantee Mortgage in Walnut Creek, California, says the direction of the economy will prove crucial. “I’m locking people in in the high 2s

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Home Appliance Market Report 2020 : Rising Impressive Business Opportunities Analysis with Top Countries Data Forecast By 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (The Expresswire) —
Home Appliance Market” is valued at 669350 million USD in 2020 is expected to reach 889550 million USD by the end of 2026, growing at a CAGR of 4.1% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Home Appliance Market by Types (Kitchen Appliances, Refrigerators, Washing Machines, Television, Air Conditioners, Others), Applications (Cooking, Food Storage, House Maintenance, Entertainment, Cleaning, Others) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 115 Pages and in-depth TOC on Home Appliance Market.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

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Home Insurance Market Size 2020 Global Industry Analysis, Share, Growth, Trends, Key Players and Forecast to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 03, 2020 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Home Insurance Market size analysis report 2020 delivers the latest industry data and future trends, letting you to recognize the products and end users which derives the revenue growth and profitability. The Home Insurance report lists the top competitors and delivers the strategic insights into industry which influences the market.

Get Sample Copy of this Report at:https://www.industryresearch.co/enquiry/request-sample/16187681

About Home Insurance Market: Market Analysis and Insights: Global Home Insurance Market
The research report studies the Home Insurance market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to

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US Home Improvement Statistics 2020 | Market Size, Future Demand, Technology, Top Leading Player, Emerging Trends and Regional Forecast to 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 23, 2020 (Heraldkeepers) —
Global Home Improvement Market is valued at USD 849.31 Billion in 2019 and expected to reach USD 1155.79 Billion by 2026 with the CAGR of 4.5% over the forecast period.

Brandessece Market Research recently added the Home Improvement Market research report which offers a thorough study of the market scenario regarding the market size, share, demand, growth, trends, and forecast from 2020-2026. The report deals with the impact analysis of the COVID-19 pandemic. The COVID-19 pandemic has impacted exports, imports, demand and trends in the industry and is expected to have some economic impact on the market. The report offers a comprehensive analysis of the impact of the pandemic across the industry and provides insights into a post-COVID-19 market scenario.

Get Sample of This [email protected] https://brandessenceresearch.com/requestSample/PostId/1328

Scope of US Home Improvement Market

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Home equity rates 2020 review and forecast

The year 2020 has been packed full of health and financial challenges for many Americans. Yet for home equity borrowers, there’s been some good news too. Interest rates are low, and the Federal Reserve has indicated that they’re likely to stay that way for the foreseeable future.



a living room filled with furniture and a large window: Home equity rates forecast for 2020


© Tom Merton/Getty Images
Home equity rates forecast for 2020

In many situations, leveraging the equity in your home can be a smart strategy. Home equity loans can help you accomplish big-ticket goals like paying for a child’s education, making major home improvements and consolidating higher-interest debt. Better yet, when you borrow against your home equity, you may be able to reach these goals at a low interest cost and without pulling money out of savings.

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Home equity rates in 2020: Initial predictions vs. reality

At the beginning of 2020, no one could have accurately predicted all of the events that

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