Survey says �� - reflections

Despite the generally gloomy news about the economy, the majority of pool and spa professionals say they remain optimistic about this year. Industry members are predicting an average increase in business of 13 percent, according to an independent survey taken during the International Pool & Spa Expo.

Of those surveyed, just 1 percent said they are forecasting a downturn in sales and an average of 16 percent said they predicted no change. More than a quarter of those who participated in the survey predicted their revenues would increase by 6 to 10 percent

Questions about the economy were conducted as part of a larger survey for Pool & Spa News by an independent research firm, J.T. Fosdick Associates Inc. of New York. More details on the economic portion of the survey can be found in this magazine on page 1 and online at www.poolspanews.com.

Meanwhile, the softening economy is projected to impact new construction and home sales, according to an annual report from the North American Construction Forecast. The residential market in particular has been affected by the economy. More information on that study, as well as trends to expect in the coming year about workplaces and workers, can be found on page 16.

It is all part of our special news report on the state of our economy and industry: Forecast 2002. The report begins on page 1. You'll also find a display of quotes from industry professionals who share insights on the coming year, and some survival tactics to keep business healthy.

With that, Pool & Spa News extends you a warm wish for success in this new year.

COPYRIGHT 2002 Hanley-Wood, Inc.
COPYRIGHT 2003 Gale Group