HIRI takes second look at economic forecast
The Interim Report on the Economic Outlook and the Home Improvement Products Market for May 2011 lowered some forecasts for key metrics, raised others and maintained its core forecast.
The report, conducted for the Home Improvement Research Institute by IHS Global Insight, downwardly revised its 2011 housing starts forecast to 630,000. The February forecast had called for 680,000 starts in 2011. The 2012 forecast was also lowered from 1.10 million to 1.02 million.
Despite the lowered forecasts, recovery efforts from major storms will boost sales in 2011, according to IHS. Also, the existing-home sales forecast for 2011 was raised by IHS to 5.25 million, up from 5.06 million.
"We have not altered our basic view that 2011 will be a year of modest growth for home improvement product sales."
Also lowered was the forecast for GDP growth — from 3.2% to 2.9%.
HIRI is the industry’s leading source for original research. It is an independent, not-for-profit membership organization comprised of more than 80 forward-thinking companies.
Ergodyne gloves are lined with Kevlar for protection
St. Paul, Minn.-based Ergodyne announced the launch of the ProFlex 710CR Cut-Resistant Trades Glove and ProFlex 820CR Cut-Resistant PVC Handler Glove.
The new gloves combine the task-specific benefits of ProFlex Hand Protection with the cut-resistant technology of DuPont Kevlar to deliver superior protection and performance in two tenacious gloves.
Both the ProFlex 710CR and 820CR are lined with Kevlar to provide cut-resistant protection throughout the entirety of the glove, while maintaining superb dexterity and flexibility. The ProFlex 710CR Trades Glove features a gel polymer palm to dampen shock and impact. And on the Handlers, the ProFlex 820CR provides textured PVC on the palm and fingertips for a more secure grip in both wet and dry conditions.
Both gloves will be available July 2011 at all authorized Ergodyne distributors.
LP’s FlameBlock expands its safety accreditation
LP FlameBlock Fire-Rated Oriented Strand Board (OSB) Sheathing is now included in the CAL FIRE Wildland-Urban Interface (WUI) Products Handbook, published by the California Office of the State Fire Marshall, for use in roof decking exposed as open eaves.
FlameBlock satisfies the WUI rules for use in the underside of open eaves through its CAL FIRE “low ignition surface” classification, which is granted based on the product’s Class A flame spread rating.
Use of LP FlameBlock in this application creates design flexibility by affording designers and builders a wider range of material options, while also providing a potentially more cost effective means of meeting WUI standards. In addition, an assembly utilizing LP FlameBlock panels with tongue-and-groove cedar or redwood boards was recently added to the WUI Products Handbook as approved construction for use in boxed soffit applications. The assembly, consisting of 15/32 category FlameBlock installed behind the T&G soffit ceiling boards, earned approval by passing CAL-FIRE’s stringent SFM 12-7A-3 soffit fire test.
“With the new LP FlameBlock Sheathing eave and soffit code approvals, California builders can have even more confidence in using FlameBlock to provide fire protection for homeowners,” said Judy Musgrove, OSB marketing manager. “In addition, the product is durable, easy to work with and installs like regular roof decking, making it a cost-effective, easy way for builders to meet codes.”