Code changes will contribute to increased utilization
December 7, 2010
In recent times, the use of low-emissivity glass has trended upward (see attached PDF). Given the upcoming changes to the International Energy Conservation Code and ASHRAE 90.1 regulations, low-E penetration is estimated to go up even more.
Next decade to see dramatic growth in global green building
November 8, 2010
Since the establishment of the U.S. Green Building Council in 1993 and the United Kingdom-based Building Research Establishment in 1990, many organizations have formed around the world to promote green building.
Recladding trend beginning to accelerate
May 1, 2010
Over the next two to three years, it might look like there is a lot of new construction underway in major cities across the United States, but most likely, this activity will not involve brand new projects. With construction spending slashed due to the national economic downturn and tighter lending conditions, building owners and developers are instead looking to revitalize existing properties by...
Green retrofit, renovation provide opportunity for architects, glass professionals
April 28, 2010
Growth in green retrofits is occurring more rapidly than growth in new green buildings. Today, green building comprises 5 percent to 9 percent of retrofit and renovation market activity by value—projected to grow to 20 percent to 30 percent in just five years, according to the Green Building Retrofit & Renovation SmartMarket report from McGraw-Hill Construction, New York.See attached...
March 26, 2010
Congress included about $100 billion for education in the stimulus law last year to cushion the recession’s impact on schools and to help fuel an economic recovery, according to a February article in The New York Times. Even though a small portion of that education money was directly designated for school construction — $100 million for impact aid schools — states have...
January 22, 2010
The Federal Reserve has introduced a generous surge of money in the financial system, but this could result in higher inflation, expected to reappear in 2011 and 2012.See attached PDF for more information.
January 7, 2010
Tight lending standards have the industry in a chokehold, as builders and developers, business owners, and consumers struggle to secure the financing necessary to bankroll construction projects, invest in personnel and equipment, and purchase or remodel homes.
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.
November 4, 2009
Ken Simonson, chief economist for the Associated General Contractors, Arlington, Va., said $135 billion of the $787 billion stimulus package would likely end up being used for various construction projects. He expected about $30 billion to $40 billion of that amount to be spent this year.The table below breaks down stimulus spending by category and agency.
Industry prepares for economic rebound
October 31, 2009
We’re closing in—if we’re not there already—to the bottom of the trough, said Rod Van Buskirk, president, Bacon and Van Buskirk, Champaign, Ill., during the State of the Industry panel discussion, Sept. 30, at GlassBuild America: The Glass, Window & Door Expo, in Atlanta. “It could get worse, but I don’t think it’s going to get too much worse, if it...