Interest Rate Outlook and Planning Your Financing Carl Villella Taking a look at what some of the analysts are saying, it appears that the consensus is that the period of near-zero interest rates is not likely to return anytime soon. Going back to 1870, or roughly 60% of the time, the U.S. Treasury yields have been in the 3.5% to 5.5% range. Fed Chair... Read More April 2024 Issue #16297 Page 59
Straight Talk About Labor Shortages and Costs Todd Drummond I have had the same conversations with so many executives concerning the tight labor market and rising labor costs. There is good and bad news concerning this subject. First, the good news is that you can be assured that high labor costs and a tight labor market are not only affecting your... Read More March 2024 Issue #16296 Page 24
A Closer Look into 2024 Carl Villella Over the last few months, we have seen rates drop for those seeking to finance new or used equipment. Economists are pointing to even lower rates as the year goes on, but of course that will depend on whether the economy continues its downward inflation trend or not, on its way to the 2%... Read More March 2024 Issue #16296 Page 59
Deals Report 2023: Tracking the Openings, Closings, and Acquisitions Craig Webb The construction supply industry saw high lending rates and a relative lack of big transactions result in 22% fewer deals involving 2.6% fewer locations in 2023 vs. 2022. There also were 10% fewer buyers, with several big players barely present. But greenfield openings, while down 5% from 2022,... Read More March 2024 Issue #16296 Page 98
What’s the Difference Between a Lease and a Loan? Carl Villella The question of what’s the difference between a lease and a loan comes up often, and there are some clear differences that can affect how a client decides to finance their commercial equipment. When a client decides to lease equipment, they make regular lease payments for the right to... Read More February 2024 Issue #16295 Page 59
A Mixed Start to 2024 Lesko Financial Services Team Beginnings always feed the temptation to look ahead and make predictions, and recent economic news, podcasts, and websites have featured their fill. 2024 went out on a fairly positive note and it was tempting to try to extend that optimism beyond the first few weeks of January. But despite... Read More February 2024 Issue #16295 Page 64
Mistake-Proof Your Process with Must-Have Communication Features Todd Drummond Last month’s article, Continuous Improvement (Kaizen) for Enhancing Performance to Ensure ROI Retention, is a natural lead-in to Poka-Yoke. In lean terminology, roughly translated from Japanese, Poka-Yoke means to mistake-proof the process. A more accurate translation could be... Read More January 2024 Issue #16294 Page 24
What You Can Expect in 2024 Carl Villella According to the research team at Goldman Sachs, we can expect healthy growth in 2024, with the economy growing by 2.1%. Most of the problems that would lead to higher inflation, such as an overheated labor market, are gone. And as a result, the probability of a recession in 2024 is much... Read More January 2024 Issue #16294 Page 59
Creating Your Own Commodity Market Performance Measures Valerie Hansen If you haven’t considered BuyMetrics yet, I have one more reason for you to check it out in 2024 – our new Commodity Analysis and Visualization Module. This new module will give BuyMetrics’ clients the power to control their own market analysis and measure their own... Read More January 2024 Issue #16294 Page 64
Continuous Improvement (Kaizen) for Enhancing Performance to Ensure ROI Retention Todd Drummond Over twenty years ago, I struck out to help companies improve their operations through best practices based on lean manufacturing and industrial engineering practices. Helping hundreds of companies improve their operations has been an extremely rewarding experience. After all of the 35 years I... Read More December 2023 Issue #15293 Page 24