The first major 2015 forecast was released last week and it was chock full of positive news. According to the Dodge Data & Analytics report, commercial building will be up 15 percent next year. In addition, the forecast predicted some nice gains for the institutional and public works segments. The public works business has been stuck in a bad place for a while, so gains there are not only good for our industry, but for overall life as well. The only hesitations now are pretty simple: Will this report be accurate? (as we all know these projections in the past haven’t exactly been picture perfect.) And, if it is correct, will there be glass available, and drivers available to deliver said glass, to meet these additional needs?
- Despite the optimism above, there were mixed messages from the various monthly reports. The ABI was strong and has bounced back from a soft middle of the year, but the Dodge Momentum Index has not been stellar recently. However, it is in the positive territory, just not as solid as it was earlier in the year. Spending on nonresidential construction also dipped, which could be a red flag as well.
- A few of you out there may have heard me tell the story on how I desperately wanted to be selected for jury duty a few years ago and was passed over, making me the only person at the courthouse that day mad at being sent home at 11 a.m. Well there’s a jury trial coming up that's so massive, so major, and quite frankly so unreal, that even I want anything to do with it right now. Although I actually find the subject to be fascinating because it involves our industry in a way. What I am talking about is the breach of contract trial regarding the Harmon Hotel at CityCenter in Las Vegas. The trial is expected to last a whole year, with more than three million pieces of evidence and 35 lawyers. The trial actually involves 12 separate cases wrapped into one. Now if I were retired, I would LOVE to be on this jury. Heck I have felt for years now that an oral history/book on the CityCenter project would be riveting, so doing this trial would be the icing on the cake. But it's not meant to be, and given the numbers of the folks brought in, my odds would’ve been long anyway. Over four hundred prospective jurors from an initial pool of 6000 will be whittled to 8 jurors and 12 alternates when all is said and done. This surely will be one to watch.
- I was delayed in giving my Glass Magazine “best ad of the month” award. So in the awesome October issue, some previous winners continue to stand out (Kawneer, Cardinal, Quanex), but the nod this time goes to PPG for not only their clean and catchy back cover ad, BUT the companion specialty website to go with it. PPG has been very active creating specialty websites for specific products and promotions, and they did one as well with this ad. It’s a sharp and forward thinking maneuver. Well done and major props to Pat Kenny, Rob Struble and everyone there who had a hand in this.
- Last this week, big time congratulations to my friend Jim Ventre on his promotion at Gardner Glass Products. Jim is now vice president of Flat Glass Sales at Gardner and that basically means he’s now big time… That also means he’ll probably never talk with me again! Seriously though, Jim is one of the industry's nicest guys, and it’s great to see him rewarded for his talent/efforts.
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.