Te fact is simple: North Carolina-based plumbing wholesaler Murray Supply Co. made a strong surge in Supply House Times’ Premier 125 survey from 2011 to 2012. The explanations of this rise aren’t so simple.
PPI for inputs to construction industries rose 0.4% for the month and 4.5% over 12
months. Although higher than the finished goods PPI, the 12-month increase was
the mildest for construction materials since the year ending in September 2010.
The drop in industry unemployment, unaccompanied
by a rise in construction employment, suggests workers are finding jobs in
other industries, retiring, returning to school or training, or leaving the
workforce. That may make hiring more difficult when construction demand picks