Increase Your Market Share By Adding Floor Truss Manufacturing Wendy Boyd If you’re in the business of roof truss manufacturing and you’re looking at ways to increase your market share, it’s time to consider adding floor truss manufacturing to your operation. Recent research shows that the global floor truss market is anticipated to rise at a... Read More July 2024 Issue #16300 Page 17
Obtaining Financing is Crucial to Maintaining Growth Carl Villella Credit has been tightening in our industry over the past year, making it challenging to obtain financing for new or used equipment. The collapse of Silicon Valley Bank and Signature Bank in March of 2023, followed by the failure of First Republic Bank in May, caused a seismic shift in our... Read More July 2024 Issue #16300 Page 55
Paddling Hard But Moving Slow: Increasingly, That’s LBM’s Outlook for the Rest of 2024 Craig Webb After years in which dealers struggled from crisis to crisis, a slew of public reports and economic indicators suggest we can expect many more months of muddling along. Our surfing metaphor of two years ago has given way to the paddleboard, where the only way to speed up is to paddle... Read More July 2024 Issue #16300 Page 98
The Interest Rate Watch Carl Villella If you are considering financing equipment at this juncture, you may be concerned about where interest rates are headed. You may be wondering if perhaps it might be better to wait until rates drop before you take that step to finance. Darrell R. Spence, an economist with 31 years of... Read More June 2024 Issue #16299 Page 53
CS150 Reveals Biggest Revenue Drops at Dealers Since the Great Recession Craig Webb You have to go back to the Great Recession 15 years ago to find as many LBM dealers reporting sales declines as we had in 2023. But the reasons are far different, and so are the consequences. Three-quarters of the companies constituting the 2024 Construction Supply 150 reported revenue drops... Read More June 2024 Issue #16299 Page 72
Wall Panel Technology, Part II: Panel Equipment Proliferates Joe Kannapell, PE The demand for wall panel equipment after World War II was unprecedented, even to this day. Industrialization was in the air, and factory-built wall panels became the gateway, even before roof trusses. Most of the action was in the affordable housing sector, driven by the mobile home, modular,... Read More May 2024 Issue #16298 Page 10
Consider Promotions for Added Savings Carl Villella As you look to finance new or used equipment for your business, look beyond just the interest rate to find opportunity. Traditional banks may have their “Loan Sales,” but brokers can provide promotions offered by their numerous funding sources that far outshine what a bank can... Read More May 2024 Issue #16298 Page 55
Economic Resilience Extends into the Second Quarter Lesko Financial Services Team The first quarter of 2024 ended on a positive note, which hopefully will prove to be a solid foundation for the remainder of the year. Despite lingering inflation, the U.S. economy continued to show resilience and added increasing optimism for the much-sought-after “soft... Read More May 2024 Issue #16298 Page 76
Wall Panel Technology, Part I: Wall Panels Become Components Joe Kannapell, PE Driven by the dire shortage of housing entering the 1950s, Levittown sparked a fervor for homes to be built like cars on assembly lines. Fortunately, there was a crop of returning veterans ready to oblige, whether by building whole houses or just parts of houses. William Levett delved into... Read More April 2024 Issue #16297 Page 10
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