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You are here: Home / Archives for Economic Trends

Economic Trends

EXPO Attendance Declines Again

September 10, 2012 by Ted 2 Comments

2012 CEDIA Expo LogoThen Custom Electronic Design & Installation Association (CEDIA) today released attendance data from last week’s Expo in Indianapolis, IN and it was a mix of good news and bad news. Let’s get the bad news out of the way first. Total attendance at the event came in at 16,900, down 4 percent from last year’s attendance of 17,600. This figure is also the lowest recorded attendance since 2001, coming in 1.8 percent under that year’s attendance level of 17,200.

But is there a silver lining?… [Read more…] about EXPO Attendance Declines Again

Filed Under: Associations, Economic Trends, Industry Trends, Marketing, News, Shows & Events, Specialty, Strategy, Tech Trends Tagged With: Aaron Hemp, Automation Design & Entertainment, CEDIA Expo, CES, Crestron, custom integration, Digital Projection, INC Systems, ME Products, Michael Bridwell, Peter Cook, Rob Fisher, Sean Goldstein

After Climbing for 4 Months, Single-Family Housing Starts Drop in July

August 16, 2012 by Ted Leave a Comment

Housing Starts GraphicNew residential construction data from the Commerce Department released today showed that single-family housing starts dropped in July to 502,000 units or 6.5% below June’s revised rate of 537,000 units. And while this figure is still a solid 17% over July 2011’s rate of 429,000 units – it was a bit of a disappointment as single-family starts have increased for the last four months in a row, leading some to conclude that the housing market was on a rebound.

But other housing data suggests the  bumpy road for housing continues… [Read more…] about After Climbing for 4 Months, Single-Family Housing Starts Drop in July

Filed Under: Economic Trends, News, Research Tagged With: housing starts, multifamily starts, single-family starts

Former Retail Shining Star Vann’s Declares Bankruptcy

August 15, 2012 by Ted Leave a Comment

Vann's LogoBased in Missoula, Montana, Vann’s Inc. has been a shining star of the retail business – for years a hearty player in a rugged part of the country where only the strong survive. Founded in 1961 by Pete Vann, the company has steadily grown over the years – adding locations, diversifying retail formats, and even expanding into online sales. But signs of stress began to emerge this year with the company closing one location in February, then replacing long-time CEO George Manlove in June with a CEO from outside the company, losing the support of a key lender in July, and finally declaring bankruptcy just a little over one week ago.

How did this all happen?…. [Read more…] about Former Retail Shining Star Vann’s Declares Bankruptcy

Filed Under: Economic Trends, Industry Trends, Law, News, Pivot Point, Retailers, Specialty, Strategy Tagged With: BigSkyCountry.com, Denon, GE Capital Solutions, GE Commercial Distribution, George Manlove, Jerry McConnell, Klipsch, Marantz, ON Store, Onkyo, Pete Vann, PRO Group, Vann's, Velodyne, Yamaha

After Surprising Analysts with Initial Downgraded 2012 TV Sales Forecast, Sony & Sharp Stun Again with Deeper Cuts

August 14, 2012 by Ted 2 Comments

Sony_2012CES_6The Nikkei Reported today that both Sony Corp. and Sharp Corp. have further reduced their original  forecast for fiscal year 2012 flat-panel HDTV sales in the wake of a worldwide slowdown in demand. The move surprised analysts, as both companies had forecast weaker demand as part of their initial 2012 forecast. But, as we’ve been reporting for months, sales of flat-panel TVs in Japan’s domestic market have fallen off a cliff as previous government rebate programs meant to encourage consumers to switch to a new digital TV system, as well as to more energy-efficient TVs and appliances, came to an end. Now, manufacturers are experiencing slack demand around the world, including a slowdown in the market they had been counting on to provide substantial growth – China. [Read more…] about After Surprising Analysts with Initial Downgraded 2012 TV Sales Forecast, Sony & Sharp Stun Again with Deeper Cuts

Filed Under: Asian Connection, Economic Trends, Industry Trends, Management, Manufacturers, Marketing, News, Pivot Point, Strategy Tagged With: China, flat-panel TVs, LG, Samsung, Sharp, Sony

After 62 Years, New Jersey’s M. Rothman & Company Sold to Z. Reiss

July 20, 2012 by Ted 1 Comment

>BREAKING NEWS<

M. Rothman & Co. Headquarters BuildingIn news that is likely yet another indicator of the depths of the struggles of the consumer electronics industry, M. Rothman & Company, Inc. – a large consumer electronics distributor based in Ramsey, New Jersey and a one-time powerhouse supplier of a wide variety of electronics and appliances for the entire New York Metropolitan marketplace, has been sold to Z. Reiss & Associates. While rumors have been circulating about Rothman for some weeks – we have only now been able to confirm the company is in fact been sold to another New York-based distributor. [Read more…] about After 62 Years, New Jersey’s M. Rothman & Company Sold to Z. Reiss

Filed Under: Distributors, Economic Trends, Industry Trends, Management, News, Pivot Point, Strategy Tagged With: AT&T, Billy Rothman, Douglas Rothman, GE, JVC, LG, M. Rothman & Co., Martin Rothman, New York metro market, Pioneer, Russell Rothman, Siemens, Toshiba, VTech, Z. Reiss

June Housing Starts are Up Again, Is it Time for the ‘R’ Word Yet?

July 18, 2012 by Ted Leave a Comment

The Commerce Department released today new housing starts data for the month of June, and we may be close to using that long sought after “R” word – Recovery. Largely positive  – housing starts overall for June reached a seasonally adjusted annual rate of 760,000 units or 6.9% over May’s revised rate of 711,000 units. Still, the picture for single-family starts – an economic driver for our industry – while still positive, is a little more moderate.

Can housing now be a bright spot in an otherwise cooling economy? [Read more…] about June Housing Starts are Up Again, Is it Time for the ‘R’ Word Yet?

Filed Under: Economic Trends, News, Research Tagged With: housing starts, multi-family, single-family, single-family starts, The Commerce Department

Latest CEA Industry Data Shows Shocking Struggles, Are We Headed for a ‘Meltdown’?

July 4, 2012 by Ted Leave a Comment

CEA Line Show LogoOne of the benefits of attending the 2012 CEA Line Show in NYC is that the sponsoring trade group (Consumer Electronics Association) brings their resident economist who provides the latest market research data of where the industry is now…and where he thinks it will be at the end of the year after the holiday selling season. He’s not always right…but he is always interesting. And this year, as always, there was a mixture of good news and mostly bad news.

See the latest CEA data – much of it surprising. Do you agree with their areas of opportunity?… [Read more…] about Latest CEA Industry Data Shows Shocking Struggles, Are We Headed for a ‘Meltdown’?

Filed Under: Associations, Consumer Trends, Economic Trends, Industry Trends, Research, Tech Trends Tagged With: CEA, Consumer Electronics Association, consumer spending, Shawn DuBravac

Is Housing Finally Turning Up?

June 28, 2012 by Ted Leave a Comment

Housing Prices PhotoSince 2007, the housing industry has been in a long, downward slump, with only a few positive bumps along the way providing some moderation. Today, however, we may be finally seeing some of the first “green shoots” of a possible turnaround in housing with two different and unrelated reports turning in positive numbers.

Is this the beginning of a housing turnaround?… [Read more…] about Is Housing Finally Turning Up?

Filed Under: Economic Trends, News, Pivot Point, Research Tagged With: CNBC, David Blitzer, home prices, home sales, housing, recovery, S&P/Case-Shiller Home Price Index

Builders’ Construction Forecast Event for Media Has Powerful Data & Surprises

June 21, 2012 by Ted Leave a Comment

2012 Mid-Year Construction Forecast Intro SlideOn Tuesday, the Associated Builders and Contractors (ABC) held a webinar for the media called the 2012 Mid-Year Construction Forecast with presentations from some of the most powerful industry-related economists with fresh data and forecasts…and some surprises.

See new construction data and the latest trends it suggests will occur… [Read more…] about Builders’ Construction Forecast Event for Media Has Powerful Data & Surprises

Filed Under: Associations, Economic Trends, News, Research Tagged With: AIA, American Institute of Architects, Anirban Basu, Associated Builders and Contractors, commercial, David Crowe, delinquency, employment level, foreclosures, household formations, housing starts, industrial, institutional, Jobs, Kermit Baker, Michael Ballaman, NAHB, National Association of Home Builders, nonresidential, recovery, renters, residential, single-family starts

Housing Starts – Start of a New Trend?

June 21, 2012 by Ted Leave a Comment

Graph Showing Residential ConstructionThe Commerce Department on Tuesday released the latest report on the residential construction market – a key economic indicator for the custom integration market – and…as you might suspect with this uneven recovery we are in…the data showed yet another zag after last month’s zig. Total residential housing construction starts for the month of May were 708,000, down 4.8% from the revised April level of 723,000 units.

But the news wasn’t all bad… [Read more…] about Housing Starts – Start of a New Trend?

Filed Under: Economic Trends, News, Research Tagged With: Barry Rutenberg, David Crowe, housing starts, NAHB, permits

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Permits Issued in June Send a Clear Warning Signal It's a bit of a mixed bag … [Read More...] about New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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