NGA NEWS: PRESS RELEASES

PRESS RELEASES

FOR IMMEDIATE RELEASE
Contact: David Walker
866/342.5642, ext. 153
dwalker@glass.org

Leading Economist Provides Economic Roadmap at the
Glazing Executives Forum

ATLANTA, GA (September 12, 2011) –  Economist Jeff Dietrich outlined an economy troubled by the fear of recession in a presentation that helped kick-off the 2011 GlassBuild America™ Expo.  Dietrich also touched on an ongoing accumulative European debt crisis, rising commodities prices, a stubbornly high rate of unemployment, and financial institutions that won’t lend money.

Dr. Jeff Dietrich, a Senior Analyst with the economic consulting firm ITR, gave a broad overview of the U.S. economy and the construction industry – where it is now and where it is headed – in his presentation entitled “The Economy ~ 2011 and Beyond.”  Dr. Dietrich during the 6th Annual NGA Glazing Executives Forum today.

“Jeff has been our anchor at the Forum for the last six years, and we’re delighted that he returned to give us his unique, industry-specific take on the economic outlook,” said David Walker, Vice President of Association Services at the National Glass Association.  “Some of our regular attendees say his presentation is reason enough for them to return to the event year after year.  His forecasts have proven to be invaluable in helping these executives develop their short- and long-term strategic plans. This year was no exception.”

During his presentation, Dietrich remarked: “The hard truth is that there will be no rapid change in economic conditions.  The present climate of uncertainty is disorienting as well as discouraging, but this is not the beginning of a double-dip.  Even though most construction sectors remain below 2010 levels, there is positive momentum in commercial construction.  Housing starts are climbing out of the mild secondary recession cycle and will head higher in 2012 and 2013.”

Attendees at the Forum heard Dietrich expand on these and other critical economic indicators as he painted a vivid picture of the U.S. economy in 2011 and 2012.  He explained how businesses are far better positioned today to navigate the uncharted waters of this tepid recovery than they were in 2008. 

For a complete line-up of speakers and information about GlassBuild America: The Glass, Window & Door Expo™, September 12 -14, 2011 in Atlanta, please visit www.glassbuildamerica.com/.

About the NGA
Founded in 1948, the National Glass Association is the largest trade association representing the auto and architectural glass, and window and door industries. Based outside Washington, DC, and representing nearly 2,200 member companies and locations, NGA offers education and training, including MyGlassClass.com and MyWindowClass.com. NGA publishes the industry’s leading trade magazines: Glass Magazine® and Window & Door®; and e-newsletters: e-glass weekly™, WDweekly™, and For Technicians Only e-bulletin™. NGA also hosts the industry’s premier annual trade event: GlassBuild America: The Glass, Window & Door Expo®. The Window & Door Dealers Alliance, an organization for independent window and door dealers, is an initiative of the NGA. For more information on NGA, visit www.glass.org.

About GlassBuild America: The Glass, Window & Door Expo™ 
GlassBuild America is organized by the National Glass Association, in partnership with the Glass Association of North America, American Architectural Manufacturers Association, Insulating Glass Manufacturers Alliance and the Bath Enclosure Manufacturers Association. GlassBuild America is a member of the Global Fair Alliance. For more information about the Global Fair Alliance, visit www.global-fair-alliance.com.