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Wednesday, May 3, 2017
MEMBER ANNOUNCEMENTS
Huttig Announces Partnership with Duchesne
Huttig Building Products, Inc. (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, is pleased to announce an agreement with Canadian manufacturer Duchesne et Fils ltée, expanding the fastener offering at Huttig. Read more
CODES & STANDARDS
Trump EPA Transition Chief: If Your Industry Likes Energy Star, It Should Run It
The man who led President Trump’s transition team for the Environmental Protection Agency (EPA) told DWM last week that “if your industry and others that participate in Energy Star think it’s a good program, then I think you should pay for it and run it.” The popular voluntary energy-efficiency program has been targeted for elimination in Trump’s 2018 budget plan. Read More at DWM
HOUSING INDUSTRY
Best in Show: The 2017 Public Builder Report Card
See how the industry’s public home builders stack up based on the 2016 data. Read more at Builder
Expect Canadian Lumber Tariffs to Lower Prices at First, Keep Them High Later
The U.S. government’s roughly 20% countervailing duty imposed against Canadian softwood lumber in April and its expected anti-dumping duty in June will cause prices to decline a bit over the next few months, but ultimately will lead to both higher prices and volatility, one of the nation’s premier lumber market analysts predicts. Read more at Prosales
Does Current Political Anxiety Affect Home Improvement Spending?
HomeAdvisor’s 2017 True Cost Report gives analysis into homeowners’ opinions on future home improvement spending and the political environment. Read more at Remodeling
Are We About to See Declines in Sizes and Prices of Homes?
NAHB’s chief economist finds home size trends are reflecting a shift in the market. Read more at Builder
BUSINESS & ECONOMICS
Real Disposable Income Rises in March
Personal Income was up by 0.2% in March after a 0.3% increase in February, according to the most recent data release from the Bureau of Economic Analysis. Disposable personal income, income remaining after deducting personal income taxes, grew strongly by 0.5% in real terms. Read more at Eye On Housing
Potential Tax Effects of the American Health Care Plan
It is important, as business leaders and owners across the country, to understand some of the tax effects of the proposed legislation known as the American Health Care Act (AHCA). It will likely not be enacted in its current form unless there is a shift in the views of elected officials on health care policy. This type of legislation goes substantially beyond providing adequate health care across the country and has far reaching tax implications. Read the Tax Advisory published by The Center for Financial, Legal & Tax Planning, Inc.
GOVERNMENT & LEGISLATIVE
Budget Deal Keeps EPA Fully Funded — For Now
Congress released a $1.017 trillion spending bill that funds the federal government through September. The bill, which must be approved by Friday to avoid a government shutdown, doesn’t feature the deep cuts that President Trump had pushed for in the budget proposal he released in March. That plan called for drastic reductions to the Environmental Protection Agency (EPA) and other programs that affect the fenestration industry. Read More at DWM
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UPCOMING WEBINARS
Increased I-9 Enforcement Calls for Immediate Steps by Employers
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Tuesday, May 9, 2017
2:00 PM ET
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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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