August 19, 2014
Construction firms added jobs in 39 states from July 2013 to July 2014 and in 34 states from June to July, according to an analysis of Labor Department data by the Associated General Contractors of America; however, labor shortage remains a concern.
"The overall trend in construction employment has been very consistent in 2014 with more than three-fourths of states adding jobs each month on... more »
August 19, 2014
Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index for August. This third consecutive monthly gain brings the index to its highest level since January.
“As the employment picture brightens, builders are seeing a noticeable increase in the number of serious buyers entering... more »
August 18, 2014
The Window and Door Manufacturers Association's recently released Window and Entry Door 2014 U.S. Market Study shows continued growth for the entry door market through 2015. The study, prepared, researched and analyzed by Metrostudy and the Virginia Center for Housing Research at Virginia Tech, forecasts modest market growth in the overall entry door market growth of 5.1 percent for 2014 and 4.9... more »
August 5, 2014
The construction industry's recovery is uneven, according to analysis of government data by the Associated General Contractors of America, as the sector added 22,000 jobs in July, but suffered a pullback in spending in June.
"Construction employment and spending are both rising at a moderate year-over-year clip, but there have been some setbacks," says Ken Simonson, the... more »
July 23, 2014
The second-quarter 2014 Remodeling Business Pulse survey from the National Association of the Remodeling Industry showed an increase in all current remodeling market indicators, according to a NARI release issued July 23. Remodelers are currently seeing growth, from conditions in March, which had seen a decline in business conditions during the first three months of 2014, NARI reports. ... more »
July 17, 2014
Builder confidence in the new, single-family homes market rose four points in July to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index released July 16. Any reading over 50 indicates that more builders view sales conditions as good than poor.
The NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and... more »
June 18, 2014
According to a recent survey from the National Association of Realtors, home prices are expected to continue appreciating over the next year, with a median price increase of 4 percent expected over the next 12 months.
“Slower sales due to tight credit conditions, declining affordability due to the recent price growth amid modest income gains, and fewer distressed sales likely account for... more »
June 10, 2014
The Window and Door Manufacturers Association has released the WDMA Window and Entry Door Industry 2014 U.S. Market Study, showing overall residential window market growth of 10 percent for 2013, with a total estimate of 44.5 million units shipped. Growth is expected to continue at a slightly slower pace for 2014 and 2015, according to the report, at 9.1 percent and 8.3 percent,... more »
May 27, 2014
Demand for windows and doors in the United States is estimated to grow 6.9 percent per year to $31.9 billion by 2018, according to a new study by The Freedonia Group. Plastic windows and doors will see the most growth at 8.2 percent per year, while metal and wood windows and doors will grow 6.7 percent and 6.2 percent each year, respectively, according to Freedonia.
The study shows the... more »
May 20, 2014
Sales of windows and doors in China are expected to rise 8.1 percent per year to $91.3 billion in 2017, primarily fueled by strong growth in both residential and nonresidential building, according to a recent Freedonia study.
Demand for windows is projected to rise 7.8 percent per year to $60.2 billion in 2017, with plastic as the fastest growing materia. Demand will benefit from the superior... more »