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 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
Lumber Briefs: Housing Momentum Rushing To Over Built Matt Layman There are multiple Overlooked Obvious housing conditions that scream “runaway supply of shelter” is already in process. First and foremost, let us differentiate between housing and shelter. Housing demand implies one dwelling for a household. A household is not a family... Read More March 2022 Issue #14272 Page 104
Celebrating 30 Years in the Business Ray Fedorko Acceptance Leasing and Financing is celebrating a milestone anniversary this year: 30 years in the commercial equipment financing business! Carl Villella, President and founder, first began his career in the corrugated board manufacturing business following his graduation from Penn State... Read More February 2022 Issue #14271
Lumber Briefs: February Rally 91% Probability Matt Layman “Chaotic”...the Perfect January Tag If there was ever any doubt as to what we should expect from January Chaos, 2022 is a textbook example. Traders (buyers and sellers) enter the month with new year expectations that either repeat or improve upon the previous year. These... Read More February 2022 Issue #14271 Page 94
Record-Breaking EBITA Exceeded Mid-Twenties for Many CMs for 2021 Todd Drummond Last year should have been a record profit year for wood truss and wall panel component manufacturers (CM). Many of my clients have mid to upper-twenties EBITA. A few made it to the mid-thirties of their total sales. Yet, so many find this hard to believe. Too many believe mid to high teens for... Read More January 2022 Issue #14270 Page 35
How to Lose Millions of Profits with Linear Saws and Two-Person Crews Todd Drummond There has been a big push to reduce labor. In response, more than one equipment vendor has suggested that component manufacturers (CM) should purchase linear saws directly tied to roof gantry tables. The idea is simple: fewer crew members and more automation to increase efficiencies and reduce... Read More December 2021 Issue #13269 Page 35
Business Tax Savings with Section 179 Deduction Carl Villella One of the most efficient and popular tax breaks for small to midsize businesses is the Section 179 tax deduction, and if you’re not currently taking advantage of it, you should certainly consider doing so. Here is how it is defined: Section 179 is an immediate expense deduction that... Read More December 2021 Issue #13269 Page 78
The Great Employee Wage Debate Todd Drummond A sign that could have appeared in any town has caused quite a stir. The message is direct: “Stimulate your ass to work—Every business in town is hiring.” [For image, See PDF or View in Full Issue.] For business leaders, it aptly voices their frustration when trying to compete... Read More November 2021 Issue #13268 Page 36
Economic Outlook and Planning in the Third Quarter Carl Villella Economic studies prepared by the multinational professional services company, KPMG, show that the pace of job gains has slowed due to the Delta variant and is leading to a reduction of economic activity in the 3rd Quarter of 2021. KPMG lowered its 3rd Quarter GDP growth numbers from 6.4% to... Read More November 2021 Issue #13268 Page 83