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September 17, 2019
The commercial construction industry is at the start of a slowing growth trend, according to Connor Lokar, program economist at ITR Economics. Lokar delivered the Annual Economic Forecast at the 2019 Glazing Executives Forum. The Forum, now in its 14th year, took place yesterday as part of the 2019 GlassBuild America in Atlanta. “When I spoke here last year, you were at the top of the...
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September 10, 2019
The Dodge Momentum Index dropped 1.3 percent from July to August to 137.8 (2000=100) from the revised August reading of 139.6. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The drop in...
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March 20, 2018
The Dodge Momentum Index increased 0.5 percent in February to 146.9 from the revised January reading of 146.2, according to a March 7 release from Dodge Construction Data. The month saw an 8.2 percent increase in the institutional component, while the commercial component contracted 4.8 percent. “The commercial component has declined for two consecutive months, and while this should not lead to...
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September 30, 2015
The U.S. economy will grow through 2018, with commercial construction experiencing gains through 2019 or 2020, according to economist Jeff Dietrich, senior analyst for the Institute of Trend Research. Dietrich spoke yesterday at the Glazing Executives Forum during GlassBuild America: The Glass Window and Door Expo. While economies around the world are struggling, the fundamentals of the U...
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September 1, 2015
Global Flat Glass market is expected to reach $124.14 billion by 2022, according to a new study by Grand View Research Inc. Rising awareness regarding benefits of glass usage in building and construction including safety, security and energy savings is expected to drive flat glass market over the forecast period.Product innovations in terms of improved characteristics coupled with introduction of...
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October 14, 2013
The security glass market in China is expected to grow by a compound annual growth rate of 16.7 percent between 2012-2016, according to the recent report "Bulletproof Security Glass Market in China 2012-2016" from Research and Markets. One of the key factors contributing to this market growth is the growing demand from the financial services industry, and increased demand for one-way bulletproof...
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September 23, 2013
Construction employment increased in 26 states between July and August, and in 35 states for the year, according to an analysis of Labor Department data by the Associated General Contractors of America, published in a Sept. 20 report. The AGC remains cautious, however, as construction employment remains below peak levels in most states.“While we would all like to see even more robust growth, it...
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September 20, 2013
The American Institute of Architects reported the August Architectural Billings Index showed faster growth in design activity nationally, with a score of 53.8, up from a mark of 52.7 in July. The growth reflects an increase in demand for design services, according to the report. “As business conditions at architecture firms have improved eleven out of the past twelve months, it is fair to say...
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September 16, 2013
The global flat glass market is expected to grow at an annual rate of 9.34 percent from 2012 to 2016, driven by increased demand from the construction and automotive sectors, according a forecast report from TechNavio, released Sept. 6. The report covers market trends, market drivers, challenges to growth, market opportunities and threats, and additional information about key vendors in the...
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September 3, 2013
Boosted by demand for energy-efficient building, output of low-emissivity glass in China increased by 33.3 percent in 2012, according to the Research and Markets Global and Chinese Low-E Glass Industry Report, 2013-2016 report. In 2012, more than 20 new low-E production lines came online, and a large number of low-E lines are expected to begin operating in 2013 and 2014, according to the report.
