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Industry Overview - Sherwin-Williams

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Remodeling Activity<br />

LIRA Index<br />

Billions of $<br />

160<br />

150<br />

140<br />

130<br />

120<br />

110<br />

-4.4%<br />

-6.7%<br />

-1.3% 0.5% -0.4%<br />

-2.1% -1.4% 0.0% 2.2% 3.7% 2.1%<br />

112 113.1 114.3 112.3 111.6 110.7<br />

112.6 112.3 114 114.8 115.1<br />

8.2% 8.8% 10.6% 16.8%<br />

121.6 124.1 127<br />

134.4<br />

19.7%<br />

145.5<br />

25%<br />

20%<br />

15%<br />

10%<br />

5%<br />

0%<br />

-5%<br />

-10%<br />

-15%<br />

100<br />

Q4-09 Q1-10 Q2-10 Q3-10 Q4-10 Q1-11 Q2-11 Q3-11 Q4-11 Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13<br />

-20%<br />

Homeowner Improvements 4-quarter Moving Totals<br />

4-Quarter Moving Rate of Change<br />

Source: Joint Center for Housing Studies of Harvard University<br />

Financial Community Presentation<br />

Financial Community<br />

– Thursday,<br />

Presentation<br />

May<br />

– May<br />

12,<br />

23,<br />

2011<br />

2013

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