U.S. Housing Starts Stumble as Winter Weather Impedes Momentum

Jack Truong, CEO of James Hardie, discusses the current housing market, highlighting strong demand and the company's pricing strategy. He addresses supply chain challenges and the adoption of lean manufacturing to meet market demands. Opportunities in remodeling are emphasized, given the aging housing stock. Truong compares the US market with global markets, noting common challenges like skilled labor shortages and the trend of homeowners beautifying their homes.

Who is Jack Truong and what is his role in the industry?

How has the completion rate of homes changed according to the data?

What factors contributed to the strong housing market mentioned in the text?

What is the significance of the pent-up demand in the housing market?

What challenges does the building industry face in terms of material supply?

What opportunities exist for companies like James Hardie in the current market?

How does the lack of skilled labor affect the construction industry globally?