Last week I had noted that despite the falling ABI score that optimism was in play and that in my own informal polling, people were reporting that they were busy. Well this week some tangible proof of that came through when the Institute for Supply Management reported that June factory activity rose nicely in June. That good news from the manufacturing sector also helped fuel a great week on Wall Street. No doubt it is nice to see positivity in more of a real format compared to a feeling! The hope now is that this momentum can be sustained. Many of the people I talked to had concerns that come fall we could be back to where we just came from and I believe there will be some softening, because there always is in our cyclical world, but hopefully not dramatic enough to make a major case.
-- Hope everyone had a good holiday weekend! Canada Day and the 4th of July all fitting nicely into a weekend. Gotta love the way the calendar fell this year… won’t be as lucky next year sadly.
-- The story surrounding the W Hotel in Austin is becoming more and more fascinating by the day. For an industry guy like me I get a kick out of seeing who is being called on to comment and provide analysis. In the article from Saturday’s edition of the Austin Statesman, you had whole run of guys mentioned, from Chicago legend Mark Meshulam to Paul Beers and Bill Lignell. Plus even a piece written for Glass Magazine by Tony Leto was noted. I have a feeling this story is nowhere near done and should be an interesting watch.
-- Outside of the W story, it really was a slow week in the industry, which is probably welcomed since we’ve had more drama in the last 8 weeks+ than I can really remember. I am actually pretty happy that I have little to write about this week!
-- Congrats to Butte College for going off the grid- going all solar. Story is here and shows that there are some people really thinking out there.
-- How about the new twist on an old internet scam…. Remember the whole “I am a Prince and if you send me X dollars to release my fortune, I’ll share with you” angle? Well now the scammers are doing a wild one. They are sending out notes that they are the authorities in these countries and that they have arrested said scammers and there’s money to be paid back to anyone who was approached by the scammers. All you have to do is send them some cash to get your “settlement” released. Absolutely amazing. I swear the people that come up with this stuff, if they used their powers and creativity for good, our world could be so much better.
-- As some of you know I am a soccer guy- usually more national games than league games, but this coming weekend in the MLS is a huge game between Portland and Seattle. An incredibly fierce rivalry and passionate crowds. Will be a must watch. And I believe for a birthday gift for my friend Kris Vockler of ICD, Portland will deliver a win.
-- And speaking of Kris, she is due to facilitate a seminar on trends in the Decorative Glass world at GlassBuild America. Decorative is a prominent and healthy product segment and this seminar will be a must if you have even the slightest interest or dealings in that world. GlassBuild America as a whole is coming along nicely- I am sensing a lot of enthusiasm about it as people are realizing to keep up and to get ahead of the market, this is a show you have to attend.
Write Max at email@example.com.
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