From the Fabricator: Growth and Labor

More mixed results on various monthly indexes I follow. On the good side, the Dodge Momentum Index moved higher and the analysts are predicting that this trend will be stable, which is good news to some markets that had inconsistent and mostly soft first quarters. Also good? Construction spending for nonresidential buildings is now up 9.8 percent year-to-date, and its 3-month average best since early 2009. On the worrisome side is the labor issue. Construction employment dropped from April to May and even though the year over year numbers are good, the overall metrics here are miserable. There are 200,000 job openings and there’s no good remedy in sight. I think everyone in the industry shares this pain of needing qualified labor and I believe it is going to get tougher. This surely bears watching. If work keeps coming in, how do you get it processed, delivered and installed if you are constantly fighting the need for qualified folks?

Elsewhere…

  • Congrats to everyone on the Glass Magazine Top 50 Glazier list. The annual rundown is in the latest edition of the Magazine. Some excellent companies populating that list and I am proud to say I know many and even do work for one! I’ll have my monthly review of the magazine on next week’s blog.
  • Also, kudos to the Mobius family at Garibaldi Glass. This past Friday Garibaldi celebrated its 50th anniversary, which from what I was told was a great gathering. I was honored to be invited and wish I could’ve attended, but not meant to be. But more importantly, to Carey, Chris and Craig, a hearty congratulations for this awesome milestone!
  • Hey don’t look now, but gas prices are creeping up. Almost to $3 a gallon in Michigan now and I think just a matter of time before pricing is back to the very high marks from two years ago. And while that’s probably good for the overall economy, it’s back to sucking as a consumer.
  • For my fellow Road Warriors, interesting gallery on the top 14 Airport Hotels that have a cool design scenario. Unfortunately I have stayed at none of them because I’m usually at a Holiday Inn Express and design is like 19th on their list after making sure the pillow cases are mismarked “firm” and “soft” (I say mismarked because they are never right). Anyway, check out the article and if you stayed at any let me know! 
  • And last this week, as I have noted here many times, I am a big fan of the show “The Americans” and I know several of you watch it as well. While this season was good, it surely to me wasn’t great or as good as past seasons. So a bit of a letdown for me, but maybe it was just me… who knows. Hopefully the writers there can get back on track for their final 23 episodes before the show ends its run in 2018.

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

No shout for the Pens you must be a redwings fan still. JG in Charlotte