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W&D Weekly
February 27, 2013
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The Latest
Innovation Theme Headlines AAMA Annual Conference

AAMA's 76th Annual Conference is still underway in Tucson, AZ, where fenestration industry leaders have gathered to discuss how they can improve their companies and meet challenges in today's economic, political and regulatory climate…read more

 
EPA Solicits Comments on Skylight Criteria for Energy Star 6.0
The Environmental Protection Agency is seeking stakeholder comments on the revised skylight criteria for the proposed Version 6.0 Energy Star specification, with comments due by Friday, March 8…read more
 
2009 IECC Requirements Pose Most Immediate Concern to Manufacturers
Twenty-one U.S. states have now committed to achieving 90 percent compliance with the 2009 IECC for residential construction, or its equivalent, by 2017...read more
 

 
More News
Milgard Windows & Doors Launches New Online Tools
NanaWall Introduces Residential Builders Program
A+W Announces New Name
Timeline Unveils New Website
Lincoln Appoints New Sales Reps for Upper Midwest
Marvin Recognized for Creating and Protecting Jobs
The Talk

By Nicole Harris, publisher

You don't often encounter charming and entertaining economists, but Dr. Esmael Adibit is both of these and informative, to boot. Yesterday in Tucson, AAMA's 76th Annual Conference luncheon speaker echoed the cautiously optimistic construction outlook for the fenestration industry you've been reading about elsewhere, tying it to his overall economic forecast. 

Dr. Adibit's previous GDP growth forecasts have been on target for two of the last three years; 2010 was spot on at 2.4 percent growth; 2012 will come in at 2.3 percent, also as he predicted. As for 2011, the forecasted 3.3 percent ended up being 1.8, thanks to five events that "economists have no control over" when they add assumptions to their math and statistical equations. Unfortunately, and no surprise to anyone not living under a rock, three of these―the European debt crisis, unrest in the Middle East, and the U.S. deficit and debt―are still affecting the economy, resulting in a 2013 forecast of 2.1 percent growth, with housing starts at 968,000.

In today's political blame game climate, it was also interesting to get a historical perspective on previous recessions and which political party was in the White House at the time. So, our poll for today is the question Dr. Adibit asked of AAMA attendees: How many recessions have we experienced since the Great Depression, and which party was represented in the White House for the majority of them? Once you've chosen, click on the results page to see others' guesses, and stay tuned for the answer regarding which political party was in power next week.

How Many Recessions Have We Experienced Since the Great Depression?
Less than 5
Between 5 and 10
More than 10
 
Connect With Customers at Spring Home Shows
This month, Asher Raphael discusses why home shows present a great opportunity to reach potential customers on a personal level. Read more...


Are You Giving More?
The majority of survey respondents said their charitable giving has remained "about the same" for the last year or two. See the full survey results
 
 

 
The Outside View
New-Home Sales Surge 15.6 Percent in January
From National Association of Home Builders
 


 
Recent Introductions

Tyvek Fluid-Applied Flashing Brush Formulation
from DuPont
 
 
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