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Woodworking Network
U.S. demand for commercial window and door products is forecast to reach $10.3 billion in 2020 on advances of 4.5 percent per annum. These gains are spurred by continuing growth in nonresidential building construction, which reached a cyclical peak in 2008 and declined sharply the following two years, resulting in lower demand for windows and doors. Demand began to recover in 2011 and the pace improved in 2015 amid vibrant activity in office, retail, and lodging construction.
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Construction Dive
The housing market has been slowly climbing out of the Great Recession, and it still has a long way to go before reaching what are considered normal production levels. This month, a new trend started to emerge in the residential reports released throughout August. And according to experts, that trend mirrors exactly where the market should be.
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Jamsill Guard® is an adjustable sill pan flashing designed to prevent water damage from window and door leaks. Made from high impact ABS plastic, Jamsill Guard® will not deteriorate or corrode over time. Our multi-piece telescoping design allows on-site adjustability to fit all rough openings and features sloped weep areas to help evacuate moisture to the exterior of the structure. Jamsill Guard® is bonded together on site using PVC cement, creating a one-piece sill pan flashing beneath your door or window.
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Associated General Contractors of America via For Construction Pros
Two-thirds of construction firms (69 percent) report they are having a hard time filling hourly craft positions that represent the bulk of the construction workforce, according to the results of an industry-wide survey from the Associated General Contractors of America. Association officials said that many firms are changing the way they pay and operate to cope, but warned that labor shortages could undermine broader economic growth and called for new workforce measures to improve the pipeline for recruiting and training new craft workers.
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PRNewswire via Zillow
Homeowners are feeling increasingly confident that now is a good time to sell a home, but renters are feeling uncertain they'll be able to afford to buy, according to the latest Zillow® Housing Confidence Index.
Existing homeowners have a more positive attitude toward selling than buying, an imbalance that is causing a slowdown in many markets, especially in the more expensive, urban cores. Less than 65 percent of homeowners surveyed said now is a good time to buy, a number that's been declining for the past two years.
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MultiBriefs
In an effort to enhance the overall content of Door & Window Business, we'd like to include peer-written articles in future editions. As a member of AWDI, your knowledge of the industry lends itself to unprecedented expertise. And we're hoping you'll share this expertise with your peers through well-written commentary. Because of the digital format, there's no word limit and our group of talented editors can help with final edits. If you're interested in participating, please contact Ronnie Richard to discuss logistics.
Business News Daily
It is never too early to start thinking about your annual business taxes. Day-to-day decisions can have a significant impact on your overall tax obligations. Instead of being surprised at tax time, you should be planning throughout the year to make sure you're ready.
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ABC via For Construction Pros
The U.S. construction industry lost 6,000 net jobs in August, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data. BLS also downwardly revised July's estimate from 14,000 net new jobs to 11,000 net new jobs meaning that the construction industry has lost 25,000 net jobs since April after adding 68,000 through the first three months of 2016.
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