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January 7, 2010
Last year was bad for commercial construction, but not necessarily a bad year for commercial contract glaziers. Strong backlogs kept many busy throughout the year. However, the story has changed for many firms going into 2010, as fewer jobs are coming down the pike and backlogs have diminished. Decreased job volume has also led to lower profit margins for many companies.
Housing, remodeling markets poised for growth in 2010 but still a far cry from pre-recession levels
January 7, 2010
For glass retailers, the road to recovery will be paved with new housing starts, increased remodeling expenditures, and stronger consumer confidence. But it will be a long journey.
January 6, 2010
The building industry has seen a drop in material and energy prices since the peak of summer 2008, with lower average prices for diesel, copper, steel and aluminum. However, “we’re now at the low point, and material costs will soon be heading higher.”
January 6, 2010
Geographically, the economic recovery will take many different forms, with some cities, states and regions seeing growth sooner than others.
January 6, 2010
Of the $787 billion in the American Recovery and Reinvestment Act of 2009, $35 billion is appropriated for buildings, much of which will begin to infiltrate the economy in 2010.
Finding growth segments in an overall down nonresidential market
January 5, 2010
Nonresidential construction spending, which fell 5.7 percent in 2009, is expected to drop an additional 5 percent in 2010, with an expected 6.3 percent rebound in 2011.
Experts at Outlook 2010 say economy is on the mend, but recovery will be slow, difficult
November 19, 2009
The recession that gripped the nation since December 2007 is beginning to end, but we are not out of the woods, said the economists at the Outlook 2010 Executive Conference, Oct. 15-16, Washington, D.C.
October 19, 2009
The Outlook 2010 Executive Conference took place at the Capital Hilton in Washington, D.C., Oct. 15-16, and brought together top management from all parts of the construction industry, including building product manufacturing, architecture and design, contracting, engineering and industry associations. McGraw Hill Construction, New York, presented the event.For highlights, see:Global economy ...
April 1, 2009
Q&A with the president of Glass Group, Guardian Industries Corp., Auburn Hills, Mich. Ebeid Read related articles:Ebeid: Prepare for a new glass industryEbeid: Renaissance of a new, green glass ageState of solar glass in GermanyInvesting in solar: Potential and risks for U.S. glass industryHow are you keeping employees' spirits up amidst these tough economic conditions and the ...
January 7, 2009
Forecasters at Global Insight predict Canada will lose 100,000 jobs during the first quarter of 2009, according to a Nov. 19 report from the Canadian Press. Job losses will be most severe in the auto sector, forestry and in construction. Dale Orr, managing director for Global Insight, said in the article that the unemployment rate will rise from its current 6.2 percent to 7.2 percent by the end ...
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