The Last Word: The Last Word on Attached Housing Joe Kannapell Now that one third of owner-occupied housing is tightly packed into metro areas, several challenges face our industry. Estimating requires more attention to architectural features and options. Engineering is critical on taller structures, and often requires consideration of mechanical... Read More April 2019 Issue #11237 Page 105
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... Read More February 2019 Issue #11235 Page 84
The Last Word: The Last Word on What’s Ahead Joe Kannapell Why are equipment sales booming when near-term housing starts are projected to be flat? Possible reasons are: CMs know better and expect good growth and need more capacity. Some markets will grow well and others will contract. CMs buying equipment expect to do better on the same... Read More January 2019 Issue #11234 Page 105
The Last Word: Success and Optimism at BCMC Joe Kannapell BCMC 2018 topped even the 1973 Show. At the Louisville fairgrounds back then, we also sold a record amount of truss machinery, but under vastly different conditions in the U.S. Housing starts had just peaked at 2.4 Million units, nearly twice current levels and 20% higher than any level since... Read More November 2018 Issue #10232 Page 109
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... Read More October 2018 Issue #10231 Page 96
The Last Word: The Last 50 Years in the Truss Business Joe Kannapell Comparing 2017 to 1967 doesn’t explain much about our last 50 years. These bookends of our industry’s experience show GDP growth, unemployment, and inflation at nearly identically low levels. Then, seeing today’s housing starts 7% lower than yesteryear’s might portray a... Read More October 2018 Issue #10231 Page 119
Wood Components in Multi-Family Housing, Part Four Joe Kannapell Part Four: Apartment Trends of the 1990s and Beyond What was true in the Nineties is just as true today, that large apartment jobs can crowd out single family orders. But with the proper mix of work, a plant can achieve more steady production. Since 1993 was nearly as dire as 2010, most... Read More June 2018 Issue #10227 Page 6
Wood Components in Multi-Family Housing, Part Three Joe Kannapell Part Three: Apartment Survival Strategies in the 1980s A few stalwarts “lived to tell” how they survived the Eighties, but none knew magic. What they did then works just as well today—expanded markets, refined quotes, and controlled costs. And in the collapsing... Read More May 2018 Issue #10226 Page 6
Wood Components in Multi-Family Housing, Part Two Joe Kannapell Part Two: The Turbulent 1980s For CMs to prosper in the 1980s, after surviving the “double-bubble” of apartment building in the 1970s, required great tenacity and innovation. Projects grew in size and complexity. Developers gained momentum and began employing scheduling and... Read More April 2018 Issue #10225 Page 6
Wood Components in Multi-Family Housing, Part One Joe Kannapell Part One: 1960 to 1979 Garden style apartments have been good for the truss business, but have morphed into an almost unrecognizable beast. In making this transition, component manufacturers have built on 40+ years of experience, and have conquered this beast, but not without... Read More March 2018 Issue #10224 Page 6