Latest News in Retail Glass
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June 15, 2011The latest BuildFax Remodeling Index indicates that residential remodeling activity registered a year-over-year gain for the eighteenth-straight month, rising 15 percent year-over-year in April, according to a June 15 BuildFax release."April traditionally sets a baseline for the rest of the year in residential remodeling activity, and April 2011 is the best we've seen since the beginning of the...
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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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May 15, 2011The BuildFax Remodeling Index for March 2011 indicates that residential remodeling activity grew for the seventeenth straight month, according to a May 15 release from BuildFax, a division of BUILDERadius co-headquartered in Austin, Texas, and Asheville, N.C. The BFRI provides month-over-month and year-over-year comparisons of trends in remodeling activity for the entire United States, as well as...
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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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June 3, 2009Construction employment fell in 276 of the nation's largest 299 metro areas from April 2008 to April 2009, according to a new analysis of government data conducted by the Associated General Contractors of America's chief economist Ken Simonson. The data highlights the critical need for the federal government to move quickly to invest stimulus funds without needless requirements that could hamper...
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June 2, 2009Spending on construction in the U.S. unexpectedly rose in April as the housing slump eased and more commercial projects got under way.The 0.8 percent gain was the biggest since August and followed a revised 0.4 percent increase the prior month, the Commerce Department said today in Washington. Residential construction climbed 0.6 percent and work on power plants and factories propelled commercial...
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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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