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
My Take-Aways from the Massive 2022 IBS February’s International Builders Show (IBS) in Orlando, Florida was massive in both size and content. I consider myself lucky to have gotten a press pass to the IBS. I say lucky not because the pass was obtained, any good trade show will offer that to increase exposure for the show and... Read More March 2022 Issue #14272 Page 84
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
Webb Analytics’ 2021 Deals Report Shows Sharp Rise in Acquisitions and Openings for LBM Firms Craig Webb Pro-oriented, residentially focused construction supply companies acquired 671 locations and opened 154 others in 2021, capping one of the busiest years ever for lumberyards, specialty dealers, and related firms, Webb Analytics’ just-released 2021 Deals Report finds. [For charts and... Read More March 2022 Issue #14272 Page 114
The Last Word: The New American Home Joe Kannapell Trusses of the future will be flat, or nearly flat, based on The New American Homes (TNAH) that have been shown annually at the International Builders Show (IBS). Though the elegant designs of these homes may seem atypical, they have to abide by the same factors that affect every house being... Read More March 2022 Issue #14272 Page 136
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
The Last Word: The Last Word on Towns Joe Kannapell Coming soon to your town and plant are “two-over-two towns,” which I initially disdained, but not after I saw that they were just loaded with components. Even so, who would want to live in a two-story townhouse that was built over or under another two-story townhouse, and be packed... Read More February 2022 Issue #14271 Page 126
Lumber Briefs: The Answers are in Housing “Completions” Matt Layman Another Recurring Phenomenon: Starts to Completion Ratios If ever I look down and see a penny on the ground, I always pick it up and, without fail, I always do the same thing next. That is scan the surrounding area for another penny. I have been blathering on about the spread between... Read More January 2022 Issue #14270 Page 92
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