| April 23, 2008 | Vol 3, Num 17 |
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The Outside View...
No Recovery in Remodeling Activity Expected Through 2008
From Harvard University’s Joint Center for Housing Studies
Falling consumer confidence and a weakening economy are inhibiting remodeling spending according to Harvard’s Joint Center for Housing Studies. The Leading Indicator for Remodeling Activity (LIRA) reports that homeowner spending for home improvement activity will continue to decline, falling by an annual rate of 4.8% through the end of 2008. ... read more
AAMA Updates Document Addressing Impact and Cycle Testing
From the American Architectural Manufacturers Association
AAMA 506-08, a voluntary specification for impact and cycle testing, has been released by the American Architectural Manufacturers Association (AAMA). According to Ken Brenden, AAMA technical standards manager, the revamped seven-page document, first published in 2000 and titled Voluntary Specifications for Impact and Cycle Testing of Fenestration Products, includes several updates. ... read more
Stimulus Act encourages new equipment purchases
From Modern Materials Handling
If the shaky economy has you putting the brakes on plans to buy new equipment this year, you may want to put those plans back in motion. ... read more
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