Building and Construction
11.8% $2.7 billion
Alcoa segments that sell products to this market: Flat-Rolled Products, Engineered Products, Other
Alcoa's revenues in this market are from an array of fabricated aluminum products for commercial and residential applications, as well as vinyl extrusions and injection moldings for new homes and remodeling.
New U.S housing starts rose 2.2 % in 2001, the third highest rise in the last 15 years. New home sales in 2001, 2.6% above the previous year, were the highest on record. U.S. Commerce Dept.
In 2001, the U.S construction industry as a whole reported its tenth straight year of growth. Commercial construction, however, was down 4% in 2001 to $165.8 billion, with the largest declines in new offices, hotels, and warehouses. F.W. Dodge, McGraw-Hill
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