Carol Sanford came of age during the 1920s, inspired by his inventive father, during one of the most inventive periods in American history. He grew up in Canton, OH, then a center of steel and stamping industries. After graduating from the University of Cincinnati and an architectural school in...

It’s worth recounting the 25 productive years that culminated in the establishment of WTCA/SBCA. Thanks to the leadership of some outstanding men, and their early embrace of technology, the component industry came together to claim its rightful place in the building industry, but it...

The contemporary consolidations within the Lumber and Building Materials (LBM) business were prompted by consolidations within the home improvement retail industry. Home Depot started the movement in 1979, and its dramatic growth forced Lowes to follow it, converting its stores into mostly...

An article written and published by Russ Kathrein on LinkedIn, “The Eyes See What the Brain Believes,” struck a nerve for me. In summary, the statement “believe it when I see it” is more often than not false. As someone who has made a living assisting others for over...

Recession by definition: A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. A recession begins just after the economy...

Another Recurring Phenomenon: Starts to Completion Ratios If ever I look down and see a penny on the ground, I always pick it up and, without fail, I always do the same thing next. That is scan the surrounding area for another penny. I have been blathering on about the spread between...

Discount the Most Recent Past How should we process the cumulative life experiences that determine our next course of action? We might say, “That depends on the circumstance.” If I got mugged today for the first time in my life, it is likely I am going to be more aware of...

Build-To-Rent: Overlooked Obvious Not to be sacrilegious, but things in the lumber market are feeling apocalyptic. My primary concerns about the lumber and OSB market right now are two-fold. One, blatant disregard and unnatural comfort with prices. One of our members asked if he should...

COVID’s 2021 Reverse Impact Let’s see if we can get this one right. A member recently requested that I forecast when the misses were going to happen. Sounds difficult, but not impossible. COVID 2020 was a once in a lifetime paradigm shift in our learning curve. To date, I have...

America’s Achilles Heel I want to drift off topic for a bit. Last week we were advised that the U.S. was under a massive cyber attack. As of today, Sunday December 20, the attack is on-going, there is no determination of who is responsible, how deep the attack has penetrated, how to...