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Home » Keywords: » economy

Items Tagged with 'economy'

ARTICLES

US Capitol

Natalie Forster: Plumbing industry responds to Inflation Reduction Act of 2022

Legislation believed to do little in short or long term for inflation, associations work to fight unnecessary regulations.
Natalie forster
Natalie Forster
September 2, 2022
No Comments

On Aug. 16, President Biden signed the Inflation Reduction Act of 2022 (IRA). While the bill claims it will, “make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40% by 2030,” plumbing associations aren’t convinced the IRA will do much — if anything — to reduce inflation or benefit small businesses or the American consumer.


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KBMO - July Update 2022.png

NKBA’s July 2022 Residential Kitchen and Bath Market Outlook forecasts double-digit increase over 2021

July 22, 2022
2 Comments

While both inflation and mortgage rate increases have impacted the segment, the overall annual forecast still represents a double-digit increase over 2021.


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SHT-0722-Williams-Img1.jpg

Brad Williams: Mid-year state of the market

Brad Williams
June 27, 2022
No Comments

The FED has plans to raise these rates slowly throughout the year, but the last time Jerome Powell (current FED chairman) attempted this in 2018, he had to revert his course and lower rates once again. It is possible that Powell is forced to keep rates low again, even with high inflation.


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ChrisKuehlWebinarJUN2022.jpg

June ASA Economic Update webinar

Two reasons to chill and two reasons to set your hair on fire.
June 22, 2022
No Comments

As we contemplate the economy at the midpoint, we are still seeing some strengths and weaknesses.


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Chris Kuehl webinar

ASA Chief Economist Dr. Chris Kuehl's first economic webinar of 2022

January 14, 2022
No Comments

ASA Chief Economist Chris Kuehl is back Wednesday, Jan. 18 at 2 p.m. Eastern/1 p.m. Central with his first ASA economic update webinar of the year, taking a look at the 2022 forecast. 


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2022 predictions

Brad Williams: 10 predictions for 2022

2020 take two?
Brad Williams
December 28, 2021
No Comments

“As we enter into 2022,” — when you say that out loud it sounds a lot like “2020-2.” Don’t be alarmed, I believe things are moving in a positive direction. I have laid out trends that I see as important factors moving into the new year. I am not going to prognosticate about where the stock market is going, but rather about what I feel is going to be the most important factors impacting supply houses across the country.  


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Shipping container ship

2022 industry forecast: A familiar tune

PHCP-PVF industry experts weigh in on projections for 2022.
Natalie forster
Natalie Forster
December 6, 2021
One Comment

After enduring a unique set of challenges through 2020 and 2021, industry experts are excited to move forward into another high-demand year. The excitement is coupled with caution, as supply chain constraints, material pricing and labor shortages are not expected to resolve themselves in the near future.


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NKBA market index

NKBA report projects industry-wide growth

August 27, 2021
No Comments
The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC) released its quarterly Kitchen & Bath Market Index (KBMI) for the second quarter of 2021. With estimates showing an 11% growth in sales for Q2 vs. Q1, the report suggests continued growth in the Kitchen and Bath market, despite ongoing material shortages and rising labor costs.
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NKBA July report

NKBA projects sales topping $170 billion

Revised 2021 outlook shows sales up more than 20%.
July 12, 2021
No Comments
In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4% from 2020’s $140.8 billion in kitchen and bath spending and nearly 8% higher than the initial estimate for the year.
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Revenue growth

Mid-year economic review

Five economic issues to watch, plus oil price analysis and construction outlook from Dr. Chris Kuehl.
Natalie forster
Natalie Forster
June 28, 2021
One Comment
During a webinar in late May, Dr. Kuehl gave his mid-year economic review, focusing on five key issues distributors should be monitoring: Inflation, consumer behavior, “normal” business, the global economy and market reaction.
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More Articles Tagged with 'economy'
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