Amidst the massive malaise on Wall Street last week and continued pathetic performances coming from Washington, D.C., the AIA released some positive news with the Architectural Billings Index. The ABI actually bounced back, shocking analysts and onlookers alike. The biggest surprise was the leap in new projects on the boards.
In my opinion, there are two ways to look at this:
- It's about time, we were due for this and it means the building segment will be strong next summer
- These projects are pie-in-the-sky efforts that will never get the financing, and the study is skewed.
In my opinion, it's a little of both. I do think better times are ahead and I continue to discount the ABI for the most part, but I also don't think massive jumps are in the offing. A steady, positive run will be the play here. The bottom line is this was some good news to grab ahold of in the middle of a very volatile week.
- Last week's blog by the brilliant Bill Evans shows that he is a great voice of the glass shop and glazier. He is pure money, and I am in awe. When I met Bill at GlassBuild America, he said he was amazed that I write my blog 52 weeks a year, and asked how I came up with stuff. I told him that my blog doesn't carry the weight or importance that his brings to the table, and last week's effort proved that point. Bill' s work was a tremendous and powerful read, and it's an honor to share a page with him.
- I was honored yet again to return to Colorado and speak at the Colorado Glazing Contractors Association. I have been a huge fan of the CGCA for years and consider it the model that every regional trade group should follow. Rebecca Kaspari, along with this year's President Marty Richardson of Metro Glass, do an awesome job.
- Comically, when I got to the hotel where the CGCA event was held, I asked the front desk where I should go. They sent me to a room where I started to set up, but I recognized no one. I was really spooked. I mean, I figured I'd see the ultra classy Cameron Scripture of Viracon at a minimum, and no Rebecca or Marty? What was going on here? So, as I'm quietly trying to get organized, I asked someone if it was the CGCA meeting. And I was then told it was a benefit for orphaned animals in Rwanda. The funny thing is: no one stopped me from setting up. I should have spoken there too!
- Time for a list. Trust in America recently came out with the "Fattest States" list and here is your top 10:
- 10. Michigan- Wow we can't even win this one. But we are fattest in the North!
8. South Carolina
3. West Virginia
- Amazing comparison, Mississippi a few months ago was noted as the "unhappiest" state by another poll. So that doesn't jive for me. Isn't the term "fat and happy"?
- The fight in Vegas over the Harmon building at CityCenter rolls on. I'm telling you, someday someone will do a book on the entire process, from the birth and concept of that structure, to construction mode with all of its issues, through the lawsuits and eventual conclusion. It will be riveting.
- Last this week, the dynamic glass world surely gained some positive momentum with the marketing agreement between PPG and Pleotint. PPG putting its credibility behind a product brings a lot of value, and I believe this move benefits all of the technologies in that segment. At the end of the day, new technology in our industry will be the difference we need going forward.
The author is founder of Sole Source Consultants, a consulting firm for the building products industry that specializes in marketing, branding, communication strategy and overall reputation management, as well as website and social media, and codes and specifications. E-mail him at MaxP@SoleSourceConsultants.com.
The opinions expressed here are those of the individual author and do not necessarily reflect those of the National Glass Association, Glass Magazine editors, or other glassblog contributors.