The Fredonia Group reports that global demand for doors and windows is expected to rise 7.1 percent each year and equal $223 billion through 2017. This growth will be caused by recoveries in the construction markets of many developed countries.
As previously reported, the administration has decided to delay the imposition of penalties on large employers that fail to provide or fail to provide affordable health care insurance coverage to employees.
Total construction spending increased 0.5 percent in May to $875 billion, up 5.4 percent from May 2012, as residential and public construction growth overbalanced a decline in private nonresidential building.
LEED v4, the latest version of U.S. Green Building Council's green building rating system, will go into effect this fall. The oft-revised and much debated version has been approved by 86 percent of the USGBC membership.