The analysts in this Copper Investing News say copper pricing may have finally bottomed out. Says the article:
Despite a lackluster start to 2015, copper prices started to creep back up following the end of Lunar New Year celebrations in China, and analysts have reiterated their positive outlook for the red metal." Details
The value of new construction starts climbed 9% in January to a seasonally adjusted annual rate of $621.0 billion, according to Dodge Data & Analytics, but giant construction projects continue to prop up the gains to some degree....More
While the 2015 office market is on an upswing and will be a solid business niche for many electrical distributors, DISC Corp.'s Herm Isenstein says a diverse business portfolio is still better for the long run....More
Want to know which cities are growing the fastest? Follow that moving truck. Atlas Van Lines has released data on the origins and destinations of interstate (or between states) moves throughout the previous calendar year for the past 22 years....More
Few countries on the planet now enjoy such a perfect storm of positive economic indicators. Indeed, one of the few negatives in the 2015 U.S. economic outlook is that key trading partners are wrestling with reduced growth rates (China), or are worried about falling back into recession (Europe). It really is pretty amazing how far the overall U.S. economy has come back since the Great Recession of 2007-2009.
As you develop your market forecast for 2014, factor in another year of steady growth. Pump the growth up a point or two if Congress gets its act together and business owners start investing in their businesses again....More
The key segment driver for overall industry sales growth this year is the distributor-served contractor market, up better than 6.5%. Next year we expect total industry sales to top $100 billion, a milestone. Industry growth at 8.9% will be the best since 2011....More