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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.
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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.”
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January 6, 2010
Geographically, the economic recovery will take many different forms, with some cities, states and regions seeing growth sooner than others.
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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.
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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.
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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.
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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...
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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...
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What are your expectations for the glass industry in 2009?
January 1, 2009
CommercialJordan Richards, president, Glassopolis, Toronto “[In 2009] it’s going to be a more competitive business climate. For glass contractors, it’s a high liability, high risk job. Often they’re at the very end of the supply chain and they’re asked to assume huge risks on these projects. I think there will be more pressure and more competition, and it’...
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Readers weigh in on the economy and its effect on their business
January 1, 2009
If there is one positive thing about a recession, it’s that it makes you look for unprofitable elements of your business and take action.