It is apparent that USG has been taking a hit in the residential housing sector and their 172 million drop in 3rd Quarter earnings shows it.
USG says they remain committed to being a player in the residential wallboard industry but that they don't expect things to change in the market very quickly, saying that perhaps 2009 will be a slow year as well.
We are glad to see that the company is going to work to maintain their business even if the building industry sees more of a decline in the near future.
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