Posts Tagged ‘ economy ’

NLBMDA Joins the Call for Government Intervention on Lumber Prices

Mar 30th, 2021

The National Lumber & Building Material Dealers Association sent a letter earlier this week to U.S. Department of Commerce Secretary Gina Raimondo regarding the continued volatility of lumber prices and the effects it is having on the LBM industry, residential construction and the larger economy. The letter requests a meeting with Secretary Raimondo and her […]

Economist Predicts When We Will Hit a Post-COVID Economy

Feb 23rd, 2021

What will the other side of COVID-19 look like and how will we know when we get there? This is one of the questions keynote speaker Chris Kuehl of Armada Corporate Intelligence attempted to tackle today when he addressed members of the Fenestration Glazing Industry Alliance (FGIA). “The big question is whether the stimulus will […]

One Word

Dec 17th, 2020

As the holidays approach and 2020 winds down, I reached out to industry associates and asked them what one word they would use to describe 2020. The answers I received were “uncertain, unbelievable, isolated, confused, transformational, volatile, stolen, exigent, adaptive, evolutionary, arduous, fortunate, prosperous, exhausting, and unforgettable.” Yes, I remember in March when the virus […]

TransAtlantic Debate Panelists Discuss the Glass Industry’s Role in Impacting Climate Change

Sep 10th, 2020

How can the architectural glass industry have a positive effect on climate change? That was the question discussed during the Transatlantic Debate plenary session today during GlassCon Global VE-Glass Expo VE. Bruce Nicol, head of global design for Merck Window Technologies, moderated the session with panelists Dr. Franz Prettenthaler, director of LIFE Institute for Climate, […]

Market for New Homes Shows Promise as Rates Hang Low

Jul 20th, 2020

As COVID-19 continues to dampen the U.S. economy, the housing market waved a flag of relief in July, indicating that homebuyers are ready to move again under the stimulus of record-low interest rates. According to Federal Home Loan Mortgage Corp. (Freddie Mac), the average rate for 30-year fixed-rate mortgages fell to 2.98% last week. Meanwhile, […]

GEM Windows Launches Rebate Program for Canadian-Made Products

Jul 1st, 2020

Toronto-based Gem Windows and Doors says it has been able to keep 95% of its staff employed through the COVID-19 global pandemic and subsequent economic upheaval, and continued to serve customers electronically and by phone, while maintaining prescribed safety protocols and procedures. As part of the company’s Canada Day celebration, Gem wants to continue to […]

20/20 Vision: Manufacturers and Dealers Have Positive Outlooks on New Year

Nov 19th, 2019

The U.S. fenestration market collectively remains optimistic as the New Year approaches, according to [DWM]’s sneak peek into the 2020 Door and Window Industry Outlook. The report, produced by [DWM]’s parent company, Key Media & Research (KMR), takes a detailed look into the state of the industry and the year ahead. According to the Industry […]

Dodge Outlook Conference Answers Recession Questions

Nov 4th, 2019

Are we heading into a recession? That was the question on many people’s minds at the 81st Annual Dodge Construction Outlook Conference in Chicago, as economic growth begins to slow. The answer is that a recession is not likely within the next 12 months, according to two economists, but a slowdown is headed for the […]

Marco Rubio Addresses Construction, Manufacturing Industry Coalition

Nov 9th, 2015

With the 2016 presidential election a year away, the construction and manufacturing industries are keeping a collective eye on how the candidates’ policies will affect business. Wednesday evening, thousands of industry members had an opportunity to get into the specifics with one candidate. A coalition of building sector associations participated in the first edition of […]

Housing Industry “Gets Back to Normal”

Apr 23rd, 2014

In the years following the bust, economic forecasters often used the term, the “long road back to normal” or the “new normal.” In today’s National Association of Homebuilders (NAHB) Spring Construction Forecast Robert Denk, NAHB assistant vice president for forecasting and analysis, discussed “getting back to normal” and painted a picture of this road past, […]

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