Latest News in Commercial Glass
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February 22, 2012The Architecture Billings Index has now reached positive territory three months in a row, according to the American Institute of Architects. AIA officials reported the January ABI score was 50.9, following a mark of 51.0 in December.“Even though we had a similar upturn in design billings in late 2010 and early 2011, this recent showing is encouraging because it is being reflected across most...
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June 21, 2011Construction employment growth remained sluggish and uneven in May as nearly half--22 states plus the District of Columbia--added jobs over the past year while the remaining states all lost construction jobs, according to an analysis by the Associated General Contractors of America of state employment data released by the Labor Department. Association officials said the figures reflect the fact...
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June 16, 2011Contractors suffered from a new round of price increases for key materials in May but were largely unable to pass their costs along to customers, according to an analysis of producer price index figures released June 14 by the Associated General Contractors of America. Association officials said the ongoing cost squeeze—a result of sluggish demand for construction—threatens to drive...
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June 13, 2011There are signs that the economy is recovering, even for contractors, but you have to look hard to see them, said FMI analysts in the FMI Corp. Construction Outlook for second quarter 2011.The costs of construction materials have been rising faster than the slow increase in construction activity would suggest. Construction markets are also affected by national and global uncertainties including...
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June 9, 2011Rents are rising, occupancy rates are high, and the apartment business is about to explode -- all of which spells good news for the multi-family construction business, according to an analyst for John Burns Real Estate Consulting, cited in a June 7 Home Channel News report. In her Housing Dimensions blog, VP Lesley Deutch cited pent-up demand from young adults, modest job recovery and...
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March 30, 2010On Thursday [March 25], Congress completed action on a reconciliation bill that modifies the newly enacted health care legislation and also replaces private lending for college student loans with direct lending from the U.S. Department of Education. President Obama was expected to sign the bill on Tuesday [March 29].The reconciliation bill eliminates the discriminatory definition of small...
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October 8, 2009The Economic Policy Institute, Washington, D.C., in conjunction with Dr. Usha Haley of Harvard University, released a report, "Through China’s Looking Glass: Subsidies to the Chinese Glass Industry from 2004-2008," Oct. 8. Specific findings include:Since 2003, glass production in China has more than doubled. Concurrently, production capacity in China has doubled since 2003...
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October 5, 2009Many in the commercial and residential window and door industry fear energy efficiency policy is outpacing the technology itself and that buyers, particularly in the commercial market, need more education on the subject.These were just two of the concerns raised at the Energy Efficiency Town Hall Forum held in conjunction with GlassBuild America: The Glass, Window & Door Expo Sept. 29-...
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August 24, 2009Seasonally adjusted nonfarm payroll employment fell in 29 states in July and rose in 21 states and the District of Columbia, the Bureau of Labor Statistics reported on Friday [Aug. 21]. North Carolina had the largest percentage drop, -0.7 percent; followed by Mississippi, -0.6 percent; Nevada and New Mexico, -0.5 percent each. The largest percentage gains were in D.C., 1.9 percent; Michigan, 1.0...
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June 5, 2009Unemployment in the construction sector climbed to a “horrendous” 19.2 percent (not-seasonally adjusted) as an additional 59,000 construction workers lost their jobs in May according to new federal data, said construction economist Ken Simonson, chief economist, Associated General Contractors of America, Arlington, Va., today, according to a June 5 release.Simonson, who discussed...
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Viracon, Inc. officials announced that the glass fabricator will make an investment of more than $30 million at its Owatonna, Minn., facility, to install a new coater. The company decided to install the new coating technology in Minnesota because the Owatonna facility is centrally located and has the most extensive product capabilities and technical talent, according to a release....
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Officials of PPG Industries announced several executive appointments, February 21, that are effective immediately.Michael McGarry, PPG executive vice president, has assumed leadership responsibility for the company’s flat glass businesses. He will also lead PPG's architectural coatings businesses in the Americas and Asia Pacific, as well as the Europe, Middle East and Africa (EMEA) region....
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As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index is reflecting its strongest growth since November 2007, according to the American Institute of Architects. The January ABI score was 54.2, up sharply from a mark of 51.2 in December.“We have been pointing in this direction for the last several months, but this is the strongest...
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