Relocation Trends In a recent article in MoneyWise, the top states for relocation to and from were listed and many of them were as expected: Arizona, Alabama, Texas, Florida, which are all warm states that draw northerners. BUT, some of the states were unexpected: Idaho, Rhode Island, Vermont, West Virginia, and... Read More June 2022 Issue #14275 Page 80
A Closer Look at Webb Analytics’ 2022 Construction Supply 150: Lumberyards, Dealers, and Component Manufacturing Craig Webb When the 52-page Webb Analytics’ 2022 Construction Supply 150 Report was released on May 3, the top headline was: Report Shows Lumberyards’ Revenues Soared Far Above Gains for Specialty Dealers, Big-Box Stores. Indeed, high-flying lumber prices helped drive a 19.2% revenue increase... Read More June 2022 Issue #14275 Page 92
Preparing for What’s Next in Your Market Tracy Roe One unique thing about our industry is the diversity among markets across the country. The upper Midwest does things very differently than the South. The methods used in the West don’t align with the those used in the East. None are wrong, but most are very different. At their core, each... Read More May 2022 Issue #14274 Page 48
Lock in Rates Now with Financing Programs Carl Villella As you may already be aware, the Fed has committed to raising interest rates in 2022. Will you have your financing in place before the rates move higher? One of the many advantages of working with Acceptance Leasing and Financing Service is that we have a number of financing programs that... Read More May 2022 Issue #14274 Page 63
Lumber Briefs: Lumber: “THE” Economic Leading Indicator Matt Layman 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... Read More May 2022 Issue #14274 Page 90
The Last Word: The Last Word on Multi-Family Joe Kannapell, PE Has COVID-19, its aftermath, and raging inflation brought the multi-family truss business back to its roots? Bo Powers, co-owner of Panel Truss, sees fewer wraps and more garden style jobs further from cities. Kenny Shifflett, owner of Ace Carpentry, believes the plethora of these... Read More May 2022 Issue #14274 Page 126
Will Rising Interest Rates Affect Your Equipment Purchasing? Carl Villella The Federal Reserve Bank approved its first interest rate hike since December 2018 at their meeting in March. The interest rate hike was 0.25%. In an effort to fight inflation, the Fed indicated an aggressive path ahead, indicating that there will be rate rises at each of their six remaining... Read More April 2022 Issue #14273 Page 63
Lumber Briefs: Housing Affordability Inflection Point Matt Layman Cooling ahead for CMs Zillow reports that the number of multigenerational family households has quadrupled since 1971. 18% of Americans now live in multigenerational housing and housing supply is at an all-time low. Families are moving back in with relatives due to increased housing... Read More April 2022 Issue #14273 Page 90
The Skilled Labor Shortage is Pushing Building Industries Toward a Tipping Point Bill Darcy Even before the coronavirus pushed it into the stratosphere – setting record new highs – the housing market was experiencing one of the largest booms in the country’s history. From 2012 until the start of the COVID-19 pandemic, the U.S. housing market had risen more than 50%,... Read More April 2022 Issue #14273 Page 96
The Economic Outlook for 2022 Carl Villella The economic outlook for 2022 appears to be a positive one, according to reports prepared by firms such a Deloitte, Capital Group, and Edward Jones. All agree that the 2020 market downturn was short-lived, and that the economy is continuing on the upswing that has been going on for the past... Read More March 2022 Issue #14272 Page 61