(WSJ) Windows Reveal the True Housing Market

Since 2009, the window maker has shifted from a 40-hour work week to 32 at many of its plants, cut executive pay and 401(k) contributions, but has not laid off any of its 4,300 workers, Ms. Marvin says. Even so, Ms. Marvin isn’t holding out too much hope for 2012.

“We’re not talking about a housing recovery,” she says. “We’re talking about a small pickup.”

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Economy, Housing/Real Estate Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--