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November 16, 2012
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News for the roofing industry

  Top Story 
  • Repairs could reach $1.7M for leaky roof of Texas civic center
    Proposed repair options for the leaky roof of the civic center in Waxahachie, Texas, range from $1.2 million to $1.7 million. The facility's roof consists of multiple types of systems, and the proposals are to give the roof a watertight coating or install a recovery roof, which involves metal panels and insulation over the existing roof. The Waxahachie Community Development Corp. decided to table the matter because the projected cost is so much greater than the previous estimate of $700,000. Waxahachie Daily Light (Texas) (11/15) LinkedInFacebookTwitterEmail this Story
  News & Trends 
  • More cities build slender skyscrapers
    When it comes to skyscrapers, thin is in, and cities around the world are adding the skinny structures to their skylines. Advances in structural design and construction materials have made possible these slim new buildings, many of which fetch high prices. "If you can build more slender and higher, you can get more units with good views -- and height is valued," said Jon Stovell, a developer in Vancouver, British Columbia. The Wall Street Journal (11/15) LinkedInFacebookTwitterEmail this Story
  • Sandy causes a spike in U.S. jobless claims
    Disruption brought by Superstorm Sandy drove first-time unemployment claims to a seasonally adjusted 439,000, the most since April 2011, the Labor Department says. The 78,000 increase was the biggest one-week jump since Hurricane Katrina, in 2005. Sandy's effects could reduce economic growth this quarter as much as a half percentage point, economists said. Reuters (11/15), MarketWatch (11/15) LinkedInFacebookTwitterEmail this Story
  Energy & the Environment 
  • Opinion: Why green building isn't just about efficiency
    The push to make buildings more efficient has produced structures that feel "oddly inhuman," Hao Ko writes. This is starting to change, however, as developers aim to design buildings that engage the people that live and work in them. "This new generation of tall buildings proves that skyscrapers are not inherently cold and austere. In fact, they can offer an experience of the natural environment within cities that we just couldn’t access without them," Ko writes. FastCoExist (11/15) LinkedInFacebookTwitterEmail this Story
  • Other News
  In the Office 
  • 6 tips for building a business that will last
    Many businesses fail, but you can increase your chances of success with the help of a business plan that's realistic about your expenses as well as a keen understanding of your target market, Nick Shams of Merchant Resources International writes. Where you choose to locate your business can also have an impact on its performance, he notes. B2C Marketing Insider (11/14) LinkedInFacebookTwitterEmail this Story
  Government & Regulatory 
  • Bernanke: Tight lending standards threaten housing market
    Recovery of the U.S. housing market is being held back by lending standards that are too tight to make sense in this economy, Federal Reserve Chairman Ben Bernanke said. He said tighter standards were previously justified. "However, it seems likely at this point that the pendulum has swung too far the other way, and that overly tight lending standards may now be preventing creditworthy borrowers from buying homes, thereby slowing the revival in housing and impeding the economic recovery," Bernanke said. Reuters (11/15), The Hill/On The Money blog (11/15) LinkedInFacebookTwitterEmail this Story
  • Ruling upholds enforcement part of S.C. immigration law
    A mandate that requires law enforcement in South Carolina to verify the immigration status of people they stop has been upheld by U.S. District Judge Richard Gergel. The decision springs from a lawsuit filed by the federal government and the American Civil Liberties Union against the state's immigration law last year. However, the ruling blocked a measure that would penalize people for not carrying immigration papers. The Wall Street Journal/The Associated Press (11/15) LinkedInFacebookTwitterEmail this Story
  NRCA News 
  • Renew your membership dues by Nov. 30
    Members who pay their renewal dues by Nov. 30 will receive additional benefits, including $100 in NRCA Bonus Bucks, a personalized NRCA membership certificate, and a complimentary copy of The NRCA Roofing Manual: Metal Panel and SPF Roof Systems -- 2012 on CD, as well as The NRCA Roofing Manual: Steep-slope Roof Systems -- 2013 on CD when it becomes available in January 2013 (a $750 value). Learn more. LinkedInFacebookTwitterEmail this Story
  • Wage and hour guide is available
      
    The National Roofing Legal Resource Center (NRLRC) has released A Comprehensive Guide to Wage and Hour Regulations Affecting Roofing Contractors, which addresses regulations governing the minimum wage and overtime pay requirements, as well as Fair Labor Standards Act regulations that set forth the rules for travel time pay, which often are misunderstood. The NRCA member price for the guide is $125, and the retail price is $250; the publication is free for NRLRC members. Purchase the guide. LinkedInFacebookTwitterEmail this Story

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  SmartQuote 
One thing I am convinced more and more is true and that is this: The only way to be truly happy is to make others happy. When you realize that and take advantage of the fact, everything is made perfect."
--William Carlos Williams,
American poet and physician


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