Question-and-Answer Session
Operator
(Operator Instructions). Our first question comes from (inaudible). Go ahead please.
Unidentified Analyst
How does the competitive environment look with the economy the way it is? Is it profitable that the balance sheets of some of the other members in the industry might be challenged and in the process, Encore may pickup additional market share?
Daniel Jones
The first part of the question is hard to gauge what the other guys balance sheets look like only because they are private. But I would guess they are in similar shape or something in the range of what we've done in the past quarter, but also the second part would be the market share. We feel like we’re doing the right things in sticking to our disciplines in the market that when it turns and we’ve seen a few signs here and there from month-to-month type numbers, but we think we are ready to go whenever it comes back. The challenge that we have and what we continue to push any operations to side is to keep our cost as low as possible so that we can weather the storm.
Operator
(Operator Instructions). Our next question comes from Liam Burke. Go ahead please.
Liam Burke
Daniel, could you give us a sense either volume declines or capacity utilization of how each of the general business split between residence and commercial construction stand?
Daniel Jones
Internally or as an industry?
Liam Burke
No, internally.
Daniel Jones
We’re running about 70% commercial and about 30% residential.
Liam Burke
Okay. And in terms of volumes, how are they doing by commercial and residential?
Frank Bilban
Yeah. Well, would you like nine months to nine months? I can give you that. Its right here. The volumes for residential are still going down a lot more than the commercial. Year-over-year, the residential is down almost 42%. The commercial volumes are down 7%, nine months to nine months, and what we saw on the residential side was in the fourth quarter of last year, it kind of hit a plateau and we’ve been at that plateau now for four straight quarters and whether that holds there, starts to climb back up remains to be seen.
Liam Burke
And Daniel, you mentioned seeing pockets of stability. Could you give us a sense whether it’s a geography or line of business that’s showing some, lack of better of word, stability?
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