PATK » Topics » The cyclical nature of the domestic housing market has caused our sales and operating results to fluctuate. These fluctuations may continue in the future, which could result in operating losses during downturns.

These excerpts taken from the PATK 10-K filed Apr 15, 2009.

The cyclical nature of the domestic housing market has caused our sales and operating results to fluctuate. These fluctuations may continue in the future, which could result in operating losses during downturns.

The U.S. housing industry is highly cyclical and is influenced by many national and regional economic and demographic factors, including:

 

terms and availability of financing for homebuyers and retailers;

 

consumer confidence;

 

interest rates;

 

population and employment trends;

 

income levels;

 

housing demand; and

 

general economic conditions, including inflation, deflation and recessions.

 

15


The manufactured housing and recreational vehicle industries and the industrial markets are affected by the fluctuations in the residential housing market. As a result of the foregoing factors, our sales and operating results fluctuate, and we expect that they will continue to fluctuate in the future. Moreover, cyclical and seasonal downturns in the residential housing market may cause us to experience operating losses.

The cyclical nature of the domestic housing market has caused our sales and operating results to fluctuate. These fluctuations may continue in the future, which could result in operating losses during downturns.



The U.S. housing industry is highly cyclical and is influenced by many national and regional economic and demographic factors, including:











 



terms and availability of financing for homebuyers and retailers;













 



consumer confidence;













 



interest rates;













 



population and employment trends;













 



income levels;













 



housing demand; and













 



general economic conditions, including inflation, deflation and recessions.





 



15










The manufactured housing and recreational vehicle industries and the industrial markets are affected by the fluctuations in the residential housing market. As a result of the foregoing factors, our sales and operating results fluctuate, and we expect that they will continue to fluctuate in the future. Moreover, cyclical and seasonal downturns in the residential housing market may cause us to experience operating losses.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Apr 15, 2009
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