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Latest Industry News     View More >>

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After a Strong Start, Remodeling Activity Should See Some Easing Later in the Year - April 23, 2014

Solid growth is expected in the home remodeling market this year but momentum should begin to moderate in the fourth quarter, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies (JCHS) of Harvard University. Sluggishness in the housing market and specifically in home sales may result in a deceleration of home improvement spending from double-digit annual growth through the third quarter to a year-over-year gain in the high single digits by the end of the year.

“The housing recovery has at least temporarily lost some of its momentum,” says Eric S. Belsky, managing director of JCHS.  “And as a result, remodeling spending is expected to follow suit and see slower growth beginning later this year.”

“Home improvement spending has already recovered a significant share of its losses from the downturn,” says Kermit Baker, director of the Remodeling Futures Program at JCHS ... Read More

Current Remodeling Conditions Fell in March Survey - April 23, 2014

The National Association of the Remodeling Industry’s (NARI) first-quarter 2014 Remodeling Business Pulse (RBP) data of current and future remodeling business conditions show current condition ratings fell significantly in March.

Business conditions during the first three months of 2014 dropped to 6.07, down from 6.41 in December. There was a decline in all but one of the sub-components that drive the overall current rating. Conversion of bids and sales value of jobs had the largest dip.

However, strength of sales in this three month period increased to 6.51, from the 6.41 reported during the fourth quarter of 2013.

“The harsh winter seemed to have played a role in the decline of our numbers this quarter,” says Tom O’Grady, CR, CKBR, chairman of NARI’s Strategic Planning Committee.

Despite the low ratings for current business conditions, remodelers are more optimistic about the future, heading into their busy season. The outlook for business three months out reached a new all-time high of 6 ... Read More

Despite Weather, Construction Industry Making Best of Start to 2014 - April 23, 2014

Construction economists don’t always see eye-to-eye, and that’s okay, according to Bernard Markstein, chief economist for Reed Construction Data.

“We seem to agree on most things, but not everything …we’re economists. That’s what we do,” he says.

But during a recent economic forecast, there was at least one thing on which Markstein and several others agreed: the weather.

“In spite of the weather, we’ve had pretty healthy numbers in the first quarter,” says Kermit Baker, chief economist for the American Institute of Architects (AIA).

Markstein, Baker and Ken Simonson, chief economists from the Associated General Contractors (AGC) of America, gathered Thursday afternoon for a webinar discussing how the construction industry is trending, using an assortment of data from recent years and projections for the coming months to make their respective cases.

The construction industry began to edge upward at a slow-to-moderate rate last year after a roller-coaster span of 2008-2012 ... Read More

Majority of U.S. States See Construction Employment Increase over Past Year - April 23, 2014

The harsh winter that plagued most of the first three months of 2014 may have threatened the construction industry, but the latest numbers from year-over-year analysis by the Associated General Contractors of America suggest it wasn’t enough to stall a positive trend in construction employment.

According to the analysis, construction firms added jobs in 38 states over the past 12 months, with Florida again leading all states in both percentage and total construction. Florida saw an 11.5 percent rise, accounting for 41,000 new jobs between March 2013-14 while Oregon and Minnesota also saw increases above 10 percent.

“The widespread gains in employment from a year ago are encouraging, given the tough winter many states experienced right through March,” says Ken Simonson, the association’s chief economist.

Construction employment did level off from February to March, with only two dozen states and the District of Columbia seeing an increase in jobs in that span ... Read More

Nonresidential Building Starts Regain Upward Movement in March - April 23, 2014

After a sluggish start to the year, nonresidential building picked up its pace in March, jumping 24 percent after declines in January (down 9 percent) and February (down 7 percent), according to McGraw Construction, a division of McGraw Hill Financial.

“The slow start for construction activity in early 2014 can be attributed to tough winter weather conditions, in combination with the up-and-down pattern that’s frequently been present during the hesitant upturn witnessed over the past two years,” says Robert A. Murray, chief economist for McGraw Hill Construction. “This is particularly true for nonresidential building, which bounced back sharply in March after depressed activity in January and February, alleviating some concern that its recovery may be stalling.

“Nonresidential building’s potential for more growth in 2014 is being supported by a rising volume of bank lending directed at commercial real estate development, more energy-related manufacturing projects, and signs that the institutional building sector is finally turning the corner after five years of decline ... Read More

Selling Safety — Tips for Educating Your Community - April 17, 2014

With the memory of the tragic events at last year’s Boston Marathon fresh on the minds of the public, security concerns are more prevalent than ever. While safety and security films could not have prevented the bombing, they could play a role in reducing the impact of such events. When selling and installing blast mitigation and fragment retention films, much of the responsibility of accurately portraying the true capabilities of these films rests with dealers.

Several window film dealers say educating consumers about the realistic performance expectations they should have for any type of security film is paramount.

“As far as educating customers, it’s not bulletproof!” says Jason Zirpoli, Applied Film Technology Inc. of Chesapeake, Va.

“Never use the words ‘proof’ or ‘stop.’ Only say ‘reduce,’” adds Jason Jones of Film Solutions in Springboro, Ohio. “There are so many [people] out there who believe thick safety film is ‘bulletproof.’ Just like when … film ‘stops’ fading—it’s false advertising ... Read More

New Legislation Offers Opportunity to Increase Usage of Energy-Efficient Window Film - April 17, 2014

Recently introduced legislation could be a positive step forward for the window film industry. Senator Ben Cardin (D-Md.) introduced the Energy Efficiency Tax Incentives Act (S. 2189), restoring energy-efficiency tax incentives, specifically a tax deduction “for retrofits of existing commercial and multifamily buildings” and “performance-based home energy improvements.”

The 179D provision currently allows building owners to claim a tax deduction of $1.80 per square foot of building area to install systems that reduce the total energy and power costs by 50 percent or more when compared with a reference building. The deduction applies to nearly all commercial, high-rise multifamily residential, health care, institutional, public and educational facilities. It also allows public building owners to allocate the deduction to the designer of energy-efficient property. Senator Cardin’s bill raises the tax deduction to $3 per square foot, among other key improvements.

Read the full bill ... Read More

Questions and Answers      View More >>
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Q: What does the (VLT) of a window film mean?
(VLT) or Visible Light Transmission, simply means the amount of Visible light that passes through from one side of an object, in this case a piece of glass, and comes out the other side. So, a window film that has a (VLT) of 25%, will allow 25% of visible light to pass through a window, and will block 75% of light from passing through the window.
Q: How do I know that if I tint the windows on my office, that I will make a difference?
There are ways of calculating the energy savings that can be made by applying a film to your office windows, or any window for that matter. Every window has an energy use value or (U-Value), this can be used to calculate how much of the heat or cold is coming in and out of a window frame, so once a film is applied, a new (U-Value) can be set for that window and an energy cost saving can be calculated. However, there are so many more benefits than just heat rejection. Theres privacy, glare reduction, U.V. protection and much more, and no ongoing costs. For more info, visit our Why Glass Tinting pages.
Q: I know what film i want, but i want a professional finish. Where do i find someone whom can install this product?
If you want a professional finish, then contact a professional, and the best possible way to contact an independent window tinting business near you is to just click on the PROFESSIONAL GLASS TINTING QUOTES tab at the top right of the page. Just enter your postcode or Suburb, and you will receive results for up to 5 qualified professional independent film installers in your local area. You can send 1 form to receive a quote from up to 5 quotes. Just remember, the cheapest quote, does by no means equal the best quote. Service and experience are something that can be worth a few bucks extra.