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Wednesday, March 15, 2017
MEMBER ANNOUNCEMENT
Tru Tech Doors Press Release
North Star Windows and Doors (“North Star”) and Tru Tech Corporation (“Tru Tech”) proudly announce North Star’s acquisition of Tru Bilt, Tru Tech’s pre-hung entry door system division. Read More
GOVERNMENT
Obamacare Repeal Update
National Association of Wholesaler Distributors reports there is progress with the House moving forward with its effort to repeal much of Obamacare and replace it with a more free market-based healthcare system. Read More
HUD Budget Cuts Shake the Housing Industry
The Trump administration promised to cut domestic spending, and this seemed to be confirmed in preliminary budge documents obtained by The Washington Post. The plan would cut more than $6 billion in funding for the Department of Housing and Urban Development (HUD). Read More
How Trump’s Potential Budget Cuts to the EPA Could Affect the Building Industry
The administration is eyeing a 24 percent reduction in the Environmental Protection agency’s budget, preliminary documents show. Read More
CODES AND STANDARDS
The First BREEAM USA In-Use Certified Building is a CA Shopping Mall
A 1.3 million-square-foot Thousand Oaks, CA, retail center is the first U.S. property to earn the BREEAM (Building Research Establishment Environmental Assessment Method) USA In-Use certification, according to developer and owner Macerich. The U.K.-based BREEAM standard has set its sights on the nearly 6 million existing buildings in the U.S. that, it says, are not a fit for other green-building certification programs. Read More
HOUSING INDUSTRY
The Average Builder Uses 10 Different Green Products and Practices
On average, single-family builders use 10.2 different green products or practices, and 22 percent always or almost always have their homes certified to a green standard, according to a recent NAHB survey. Read More
Jobs, Good Jobs, and Home Buying
So far, consumer home buyers are looking at interest rate increases and saying, ‘meh’, we want the new home more. Read More
Softwood Lumber, Gypsum Products Lead Price Increases Among Building Materials
The prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased in February, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The increases were led by gypsum products, with softwood lumber a close second. Read More
Mortgage Delinquency Rates Signal Improving Economy
By looking back at the years before and during the most recent foreclosure crisis,CoreLogic, a property information, analytics and data-enabled solutions provider, shows just how much the economy improved, and in what direction it is headed. Read More
Office of Energy Efficiency and Renewable Energy Faces Huge Cuts
An office within the Department of Energy (DOE) that does extensive work with fenestration technology could be facing massive cuts under a proposed Trump administration budget plan. Read More
Suburban Surge
Has the notion of path-of-growth land investment opportunity reemerged amidstpromised boostin infrastructure and a reenergized economy? Read More
Americans (Can’t Get No) Home Size Satisfaction
When it comes to their homes a majority of Americans are a lot like Goldilocks. They’re looking for a place that feels “just right” and in most cases want a home that’s a different size than the one they’re living in now. The size of new homes built in the U.S. are now at record highs, with the average new home size sitting at over 2,700 square feet. In fact, new homes today are about 1,000 square feet larger than homes built about forty years ago. Read More
BUSINESS & ECONOMICS
Non-Mortgage Consumer Debt Grows But at a Slower Rate
The total amount of consumer credit outstanding rose in January 2017 reflecting growth in non-revolving credit, auto loans and student loans. Meanwhile, the outstanding amount of revolving credit, largely composed of credit cards, shrank. Read More
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We’re unveiling some forward-thinking initiatives in 2017, and you can be a big part of it. Contact WMA to get started
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UPCOMING WEBINARS
Robotic Process Automation in Distribution: The Myths and Realities
Presented by
NAW and Conexiom
Tuesday, Mar 21
2:00 PM EDT
Smart Home Evolution: Intelligent, Connected, and Solar
Presented by
GREEN BUILDER MEDIA
Wednesday, Mar 29
2:00 PM EST
Attention: Door pre-hangers and distributors, who use components from multiple suppliers, with a means of substituting components in a rated system when engineering analysis is not acceptable to validate a component.
Reference
ANSI/WMA 100
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