Newsletters
2008
July 2008 Overall Economic News –
Over the last month, my wife and I had time returning to our birthplaces and revisiting our past. Boy, what a shock! We retraced the paths that we walked to school, and sadly, we must admit it was not 10 miles and a 2 hour walk in the freezing snow and wind.
April 2008 Overall Economic News –
Over the past couple of months, you have seen a gradual run-up in pricing on rebar. We have heard countless complaints and have had blame placed on everything from the greedy steel companies, to government conspiracy, to sunspots.
January 2008 Overall Economic News –
There is no doubt in our minds that we will see a gradual increase month over month throughout 2008. We think, starting in January, that our sales will increase about 1˝ % each month on a 12 month rolling average basis. That will give us an overall increase of about 12% over 2007 results.
2007
October 2007 Overall Economic News –
I have a great friend and business associate who has a remarkably successful business in the medical supply segment. He and I visit regularly and spend most of our time talking business. No matter how many questions I have asked and how many countless hours we have spent talking, I just can’t seem to understand his business.
January 2007 Overall Economic News –
No matter how you ask it, the question is always the same, "Where is our industry headed?" We gave a preview of our predictions last quarter, and it turns out that those previews were pretty much on target with what we see now.
2006
October 2006 Overall Economic News –
I remember last year when I visited my physician for my annual check-up. At the conclusion, he pronounced me in perfect health. "However," he said as I was about to leave, "That doesn’t mean that you won’t catch a cold or the flu sometime."
April 2006 Overall Economic News –
This great country of ours is great because of basic fundamental values that our founding fathers believed in. One of those was the freedom of press. While we should be eternally grateful for that freedom, I sure do wish they had also mandated that the reporting must be fair and accurate.
January 2006 Overall Economic News –
Several weeks ago I was having dinner with a customer. We were talking about this particular newsletter and the subject of all of our “predictions” came up. He was most curious as to how we made the predictions and how uncannily accurate they were.
2005
July 2005 Overall Economic News –
Last month I was in Syracuse, New York giving a presentation to a group of business owners. Since Syracuse is not a great hub of travel with continuous flights out, I finished my program and found that I had a little over 4 hours to kill before my flight left.
April 2005 Overall Economic News –
On a recent vacation trip to the Caribbean, I had the experience of following a fully loaded redi-mix truck up a very steep hill. The truck was groaning along at about 3/4 Mile per Hour. As I was crawling along behind that truck it suddenly dawned on me that there was less than 1 Mile per Hour separating me from going up the hill and from being squashed.
January 2005 Overall Economic News –
Our January issue of this newsletter is our annual prediction time. Unlike last year, when we correctly predicted unprecedented changes in the market, this year we see nothing radical. The economy will enter the doldrums, but that sounds only scary until you define the doldrums!
2004
December 2004 Overall Economic News –
For those of us in the construction industry, let me give you two unbelievable statistics from 2003. The good ole’ US of A last year consumed slightly over 9 million metric tons on steel rebar. Not a bad year and on par with previous years.
September 2004 Overall Economic News –
It never ceases to amaze me how the information that we hear through the media is so contrary to the reality of the facts. If you tune into the national network and news stations, you will hear nothing but doom and gloom.
June 2004 Overall Economic News –
If people truly vote their pocket book, George Bush will be a shoo-in come November. Consumer spending reached a 48 year high last month. Consumer confidence is at its highest level in years.
