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Woodworking Network
Window and door demand is expected to grow worldwide, rising an average of 5.9 percent annually through 2019, to $233 billion. Rising income levels and a large population have the Asia/Pacific region posting the most growth, although the rebounding housing market will keep the North American market on a similar growth pace. The information is provided in the study, World Windows & Doors, by The Freedonia Group.
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BusinessWire
Three quarters (75 percent) of construction, engineering and infrastructure companies have experienced a fraud incident in the past year, according to the 2015 Kroll Global Fraud Report.
The findings reveal the most common type of fraud experienced in the sector was theft of physical assets or stock, experienced by 36 percent of construction companies, followed by vendor, supplier or procurement fraud (24 percent). These are some of the highest incidence rates of any sector surveyed and are second only to levels experienced by the retail industry. Respondents in this sector also reported the highest level of regulatory or compliance breach fraud (18 percent) of any sector surveyed.
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Environmental Protection
A new study conducted by Dodge Data & Analytics shows that homebuilders and remodeling companies are still building significant numbers of green homes. Done in partnership with the National Association of Home Builders and with the support of Ply Gem Industries, the study also points to increased building of these efficient homes and home remodeling work in the future.
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ABC News
U.S. construction spending jumped in October, fueled by solid gains in homebuilding and the largest increase in federal construction in nine years.
The Commerce Department said recently that construction spending rose 1 percent in October from the previous month to a seasonally adjusted annual rate of more than $1.1 trillion. That's the highest level since December 2007 when the Great Recession began.
More Americans are buying new homes or renting apartments, driving greater residential development. And federal, state and local governments, spurred partly by greater tax revenue, are building more roads and schools. Construction spending has increased 13 percent in the past 12 months.
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By Thomas Jepsen
 When remodeling a house, how much does a project increase the value of the home? This is a question most homeowners want answered before they start a remodeling project. Of course, homeowners won't upgrade their homes only for the increased value but also for the added comfort gained from the upgrades. In order to answer that question, we made this infographic that looks at popular remodeling projects and how much they increase home value.
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For Construction Pros
Technological advancement has opened up many opportunities for the construction industry. However, the construction industry also faces many challenges: projects are becoming more and more complex; economic uncertainty; a myriad of stakeholders; extremely aggressive global competition; and high pressure to not just deliver successful projects but deliver them on time and within budget.
These and many other factors put a lot of pressure on the construction manager, as even the smallest of mistakes can cause a delay of the whole project schedule as well as additional costs. Utilizing project management methods effectively can help the building industry reduce the risk of failure and deliver projects more efficiently.
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Small Business Trends
You don't have to look far to see the latest security breach a public or private organization has experienced. In many instances, tens of thousands or even millions of businesses and individuals have had their data compromised. With that in mind, the IRS, states and the private-sector tax industry have come together to increase public awareness about the importance of protecting personal financial information in a new campaign called, "Taxes. Security. Together."
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