Expanding scope of products utilizing electronic components will underlie gains

Demand expected to recover through 2024 following 8.0% decline in 2020

Conventional housing completions expected to rebound 14% in 2021

Demand expected to return to growth through 2024 on gains in construction spending, household product sales

Pandemic-induced drop in manufacturing shipments, electricity generation reducing water use longer term

Release of pent-up demand after early months of pandemic will boost growth

Real shipments not expected to fully recover ground lost in 2020

Production increases in food and beverage packaging, medical and building products to underlie gains

Demand to rise alongside natural gas prices through 2024

Consumers trading up to premium mattresses offering better sleep