Articles by Ken Simonson

Dec. 11, 2007 ― Fed Cuts Rates; Job Gains Slow

“The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 4-1/4%,” the Federal Reserve has reported.
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Dec. 5, 2007 ― Construction Spending Drops In October But Nonres Rises

Construction spending in October, at a seasonally adjusted annual rate of $1.158 trillion, fell 0.8 percent from September and 0.6 percent from October 2006, according to the Census Bureau.
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Nov. 28, 2007 ― Beige Book, Housing, Jobs Reports Show Large Variation By Region

Reports from the 12 Federal Reserve Districts suggest that the national economy continued to expand during the survey period of October through mid-November but at a reduced pace compared with the previous survey period.
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Nov. 20, 2007 ― Housing, Retail, Factory Construction Indicators Slip

PPIs and state jobs news were mixed.
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Nov. 12, 2007 ― Starts Drop In October; Wind, Ethanol Projects May Stall; Banks Get Pickier

New construction starts turned down in October, as tabulated today by Reed Construction Data.
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Nov. 2, 2007 ― Nonresidential Construction Employment, Pay, Spending Rise Despite Housing Slump

Employment rose 166,000 in October and 1.6 million over 12 months, the Bureau of Labor Statistics reported today. The unemployment rate held steady at 4.7%.
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Reed, Fed, NAHB Data Reveal Nonres Strength, Housing Woes; State Jobs Data Are Mixed

Evidence that nonresidential construction remains robust came from Reed Construction Data, which reported on May 14 that the January-April value of nonresidential construction starts from Reed’s database was 22% higher than in the same months of 2006.
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Bureau of Labor Statistics Reports Construction PPIs, Futures Prices Show Mixed Trends

The PPI for finished goods increased 0.7% in April, seasonally adjusted, following advances of 1% in March and 1.3% in February, the Bureau of Labor Statistics (BLS) reported.
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Economic Update: Producer prices cool in January

The producer price index (PPI) for finished goods slipped 0.2% in January, seasonally adjusted, and rose just 0.2% over the past 12 months, the Bureau of Labor Statistics (BLS) reported on Friday.
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AGC's Construction Inflation Alert

Widespread materials inflation demands industry attention.
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BNP Media's Plumbing Group Visits Grundfos North American Headquarters

BNP Media’s Plumbing Group, comprised of the Plumbing & Mechanical, Supply House Times, PM Engineer (pme) and Reeves Journal brands, recently visited Grundfos’ new North American headquarters building in the western Chicago suburb of Downers Grove, Ill.

8/26/14 1:00 pm EST

Free Webinar: Low Temperature Heat Emitter Options in Hydronic Systems

With proper design, you can create systems that require supply water temperatures no higher than 120° F under design load conditions.

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2014 January

SHT's packed January issue incdues the cover story: M&L Supply is rich in heritage and customer service; features:  Industry optimism continues to rise heading into the 2015 AHR Expo, and Distributors discuss top industry issues: Part 2; and so much more!


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