Todd Drummond

Two Common Mistakes Cost At Least 2-3 Points of Net Profit Every Year

Todd Drummond

Most, if not all, are now caught up in the summer building season to make serious money for their component divisions. However, far too many companies are allowing tens of thousands of dollars to be lost because of commonly accepted bad practices. Practices such as using non-precise labor...

#11241 Cover image
August 2019
Issue #11241
Page 24
Matt Layman

Lumber Briefs: Housing’s Dilemma...No More Capacity

Matt Layman

More housing data is rolling in and it is not looking good...but it is 30 days old. Therefore, I am looking for 2-month trends. Existing Home Sales declined on rising prices, expanding inventory to 4.5 months...about average...not a shortage. New Home Sales increased as did prices,...

#11241 Cover image
August 2019
Issue #11241
Page 84
Todd Drummond

What I Like About Sum+It

Todd Drummond

It is time to forget about using a truss design program, price book, or square-foot multiplier when estimating roof and floor truss projects. For many decades, truss companies have been looking for ways to dramatically improve their design team’s capacity, but every effort has fallen...

#11240 Cover image
July 2019
Issue #11240
Page 41
Matt Layman

Lumber Briefs: The Repeating Lumber Market Cycle

Matt Layman

It is my belief that the lumber market trades in a repeating, predictable pattern. That pattern is created by the interaction between production and how the supply chain lumber dealers, component manufacturers, wood preservers, and wholesale distributors collectively prepare for seasonal...

#11237 Cover image
April 2019
Issue #11237
Page 78
Matt Layman

Lumber Briefs: Building a Bullish Lumber Base for Rising Housing Starts

Matt Layman

In both the lumber and stock markets, there are more disruptions coming in 2019. The immediate influences of government shutdown, mass exodus from stocks, on-going trade war, volatile oil market, fight to suppress interest rates, President Trump’s legal issues, and global economic and...

#11235 Cover image
February 2019
Issue #11235
Page 84
Matt Layman

Lumber Briefs: 20% More Downside: Stocks and Lumber

Matt Layman

In both the lumber and stock markets, there are more disruptions coming in 2019. The immediate influences of government shutdown, mass exodus from stocks, on-going trade war, volatile oil market, fight to suppress interest rates, President Trump’s legal issues, and global economic and...

#11234 Cover image
January 2019
Issue #11234
Page 82
Matt Layman

Lumber Briefs: A Fragile Housing Recovery Built on Credit

Matt Layman

Many Americans are not overzealous about the moderate improvements to their lifestyle, income, and overall state of wellbeing during this economic recovery. That is being expressed by the stock market’s decline and increased recession rhetoric. No in-depth statistical analysis is needed...

#10232 Cover image
November 2018
Issue #10232
Page 78
Matt Layman

Lumber Briefs: Lumber Market Forecast

Matt Layman

Tariffs Keep U.S. & Canadian Lumber Border-Bound About Housing Affordability: The evidence continues to pile on. Let’s just skip right over the sources and the comments. They are numerous and more frequent. 25% of all homes for sale have lowered prices. New and existing home...

#10231 Cover image
October 2018
Issue #10231
Page 96
Matt Layman

Lumber Briefs: Lumber Doing Its Seasonal 180°

Matt Layman

Now 39 years into this lumber gig, there is one thing I have more confidence in than anything else. It is the foundation of my entire lumber career and reason for my success forecasting lumber market timing. The repeating lumber market cycle. Some of it sloshes around, yet, in spite of all the...

#10228 Cover image
July 2018
Issue #10228
Page 81
Matt Layman

Lumber Briefs: Lumber: Why So High?

Matt Layman

Rationing On May 23, in its most active lumber futures day ever, the market traded $68 of volatility from $15 limit down to $30 limit up and back down $15 to unchanged. Why is that? Futures suspected what we Layman’s Lumber Guide members have known since mid-May. BC mills are not...

#10227 Cover image
June 2018
Issue #10227
Page 83

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