Lost in the shuffle and recap of AIA was the announcement of
a new construction economic report for us to follow and see if it provides any
more insight into our future. The Dodge
Momentum Index is a 12-month leading indicator of construction spending for
non-residential buildings. In it’s first
ever release the news was positive, with a rating of 94.7. That evidently is a good score. The problem with reports like this and the Architectural
Billings Index is who really knows what’s good, bad, ugly, helpful, positive,
legitimate, fairy tale etc. I am hopeful
that since this is an indicator based on spending at the building level it’s more accurate than a pre bank loan report via the ABI. At the end of the day all I can do is grab on
to the positivity and hold it tight so if the new report is showing that we are
moving in the right direction, count me in.
No matter what the key here is if these pieces keep showing positive but
the industry lags, they lose all legitimacy.
We’re already expecting good things late in 2012 and early 2013 based on
the ABI, so eventually proof is going to be in the pudding.
Elsewhere…
-- Leftover items missed from my AIA recap last week. It was very nice to see the gang from
Walker. Still dressing better than most
of mankind. Always nice to see the
classy Tom Herron of NFRC. And yes it is
comical for me to write nice things about NFRC, but Tom deserves them and quite
frankly, my battles there have been done for a very long time.
-- I know other bloggers have hit this, and I often do to, but
when someone can explain to me how the gas and oil companies get away with the
shenanigans they do, that would be great.
I watched gas go up 14 cents a gallon ahead of the Memorial Day holiday
despite falling oil prices. Simply amazing.
-- The initial line-up for the Glazing Executive Forum (GEF)
was just announced and looks absolutely fantastic. Great speakers and subjects, this will be one
not to be missed. What a few days in
September that will be between GlassBuild America and GEF. Really excited for it. More obviously on both as we get closer.
-- GlassMagazine.com had two reports this week that were
positive and interesting with one calling for a big jump for “Smart Glass” and
one for Security Glass. On the “Smart
Glass” one I was confused on which glass styles are considered for it- that
surely didn’t seem clear to me. (I guess
I am too dumb to figure out Smart Glass)
-- Also seen on the GlassMagazine.com site was the news of a
tariff on Chinese Solar Panels. While
this will be helpful to the cause of the domestic providers, it’s pretty late
in coming.
-- By the way, please keep in mind to visit GlassMagazine.com
during the week for the latest info and breaking events. A copy of my blog is there along with other
blogs, articles and more. Good stuff.
-- Last this week, I hope everyone is having or had a good
Memorial Day. Hopefully you are taking
or took time to remember and honor those who fought for our freedoms. And while doing so, send positive thoughts
our to the brave men and women protecting us today and beyond.
LINKS of the WEEK:
This is a classic columnist trick, try to gin up the readers
for a reaction. The story and effect are
interesting and as patriotic as I am, I actually don’t have a problem with this
tradition.
Outdoor hotel suites?
No thank you.
See typos do happen!
I am not the only one who makes em.
BONUS LINK:
Seriously a waste of investigating time… our tax dollars at
work…yeesh!
VIDEO of the WEEK:
Great video this week, a wedding in Kansas with a Tornado in
the background. Also great choice of
music after the ceremony in the underrated Tracy Byrd.