From the Fabricator: Bring on the Forecasts

This past week, the first of the 2018 construction economic forecasts was released and there was tepid optimism with regards to the nonresidential side of the business. Basically, some of the analysts are pushing a small increase on the commercial side, not exceeding 5 percent overall. The residential side though has some more bullish predictions with a potential for double-digit growth in 2018. Now keep in mind this is just one of many forecasts that will be coming out in the next 8 to 12 weeks, so a lot can and will change. I like to take it all in and then see what I can come up with in terms of consensus. Plus, my favorite forecasts are not out yet. Sit tight, as numbers are going to be coming out constantly with results probably all over the board. In any case, with regards to this release and its small growth, I will take a positive forecast any way it is delivered!

Elsewhere…

  • Continued from last week and my review of the most recent Glass Magazine, the ad of the month. I do try and spread the kudos around, but if a company that has previously received  my recognition comes out with a new ad and it’s worthy, I have to give it props. The winner for this issue is Guardian Glass with its “Fall in Love” ad that carries on the video campaign they debuted at GlassBuild America. Loved the ad, and, because I was a big fan of the video, I thought it was sharp they continued the campaign in print. Well done!

  • The newest Apple iPhone is out and this review was a blistering putdown of the product. I must say the author brought up a ton of good points. Worth the read if you are looking to purchase. 

  • Construction geeks, what are five major changes coming to the jobsite? Good article here. Personally, I am really into what the next generation tools would be. With the ongoing struggle for a solid (or in some cases any) workforce, advancing the tools to potentially do more and more efficiently is huge.

  • Greenbuild is this week. I am not a fan, and I’ve made that known several times over the years. The show this year may be decent because it’s in Boston (great city) and combined with the ABX event. But in the end, I don’t expect exhibitors to find any great success, unfortunately.

  • Normally if I see a quote like this one I worry: 

 “…Midtown doesn’t need any more glass”
But in this case, there’s a lot more to a very interesting happening going on in New York.

  • Last this week, it is Glass Industry MVP season. Yes, my yearly award is now here, so soon you’ll have your nominees and then the winner (who’s life will dramatically change for the better) will be announced in my last scheduled post of 2017 in December. Once again, there are a ton of great candidates and like I do with the ad reviews I try not to repeat with people nominated, but this year I may have to.

Read on for links and video of the week…

Max Perilstein 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.

Comments

Login to post comments