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Economists Predict Rapid Ramp-Up in Residential Construction

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NAHB LogoWe were fortunate enough to receive an invitation from the National Association of Home Builders (NAHB) allowing us to participate in their annual Fall Construction Forecast presentation, a webinar put on for the benefit of  their members last week. Boy! Are we glad we attended! Not only did the organization offer up a roster of world-class economists with really interesting insight into what’s going on in the economy – they also offered reams of really valuable data delineating the latest trends in construction.

Their predictions were – to put it mildly – shocking! Read below to find out why…

[Read more…] about Economists Predict Rapid Ramp-Up in Residential Construction

CEDIA on Latest Market Data, ‘Installers are Having a Good Year’

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Photo of Erica Shonkwiler of CEDIA
Erica Shonkwiler, CEDIA

The Custom Electronic Design and Installation Association (CEDIA) released new preliminary  market data at their Expo held earlier this month – in a decidedly more optimistic presentation than in past years. Erica Shonkwiler, CEDIA’s Market Research Manager, was obviously pleased with the data she was to share with the media – and she conveyed an optimism that appears to be due to the new data showing an upturn in CEDIA members’ business results.

Not only was there a business upturn, it was the second year of positive results… [Read more…] about CEDIA on Latest Market Data, ‘Installers are Having a Good Year’

If $100,000 Unexpectedly Dropped into Your Lap, How Would You Spend It?

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Photo of money falling from the skyImagine for a moment that you won the lottery, or gained an inheritance, of a substantial amount of money…say, $100,000. How would you spend it? That was the intriguing question pollster Harris Interactive asked an online panel of U.S. Internet users. Would they buy a new car? Would they remodel their home to add a home theater? Would they buy a nice present for their spouse? Would they donate some or all of it to charity?

Think you know YOUR customer? Then you better check out this survey – the answers to the above scenario may surprise you. [Read more…] about If $100,000 Unexpectedly Dropped into Your Lap, How Would You Spend It?

In Semi-Annual Update, CEA Says Industry Sales Will Hit New High

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CEA logoThe Consumer Electronics Association (CEA) maintains a semi-annually updated forecast for all major categories of consumer electronics and has announced the results of their latest update for July saying the industry will hit another new high watermark in industry-wide sales. In a  minor revision of their initial January 2014 forecast, the CEA now says total industry shipments in dollars will total $211.3 billion.

What product categories are driving this growth? See more below… [Read more…] about In Semi-Annual Update, CEA Says Industry Sales Will Hit New High

Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

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Mid-Year construction title slideThe Associated Builders and Contractors, Inc., (ABC) a builders trade association, held their third annual Mid-Year Construction Forecast presentation this week…inviting economists from three industry-related associations to present their outlook on the construction industry. This year, the invited economists included Kermit Baker (American Institute of Architects, AIA), David Crowe (National Association of Home Builders, NAHB), and their own Anirban Basu (ABC).

The economists this year were, overall, cautiously optimistic – with a heavy emphasis on caution.

See more on the presentations from the construction industry economists… [Read more…] about Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

Marketers Continue to Shift B-to-B Advertising Dollars to Digital

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Advertising Age logoWhether you’re a manufacturer/brand, distributor, rep…or even an integrator selling largely commercial installations…you are a business-to-business or B-to-B marketer. And you’re going to want to pay attention to this new data on marketing trends for B-to-B marketers.

New data released by Advertising Age shows a continued swing away from traditional media to digital media spending by B-to-B marketers. Some of the numbers from this new survey are eye-popping.

See more on Advertising Age’s new B-to-B marketing trends from their latest “Fact Pack”… [Read more…] about Marketers Continue to Shift B-to-B Advertising Dollars to Digital

Alpine to be First to Market with Apple’s CarPlay Console System

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Alpine logoAlpine Electronics will be the first of ultimately several companies to offer a in-car infotainment system based on Apple’s CarPlay system according to a report late last week by the Nikkei. Alpine’s system, which will likely be replicated by others, allows drivers to listen to music, view maps, as well as access other iPhone capabilities.

See more on this new Alpine/CarPlay system that is coming soon… [Read more…] about Alpine to be First to Market with Apple’s CarPlay Console System

Major OLED Production Problems Force Panasonic & Sony to Refocus on 4K

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Photo of early Sony OLED
An early Sony OLED TV.

 

In a report that appeared in the Nikkei on Christmas Day, it appears that Sony Corp. and Panasonic Corp. have dissolved a joint OLED production initiative and will instead seek new methods individually. As a result, both companies will back-burner OLED and redouble their efforts on building their 4K UHDTV businesses.

This decision – along with poor sales of OLED sets from Samsung & others, calls it’s future into question… [Read more…] about Major OLED Production Problems Force Panasonic & Sony to Refocus on 4K

Startling Jump in November Housing Starts; Are Happy Days Here Again?

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Photo of construction workersNewly released data from the Commerce Department shows that housing starts took what many are characterizing as a startling jump in November – rising 23% overall above the October rate and almost 30% above the November 2012 rate. Analysts are struggling to explain the gains other than to say these numbers show a durable housing recovery – welcome news considering the fact that the housing construction industry is a key driver of the overall economy.

The news is good…but is it a real recovery, or just an outlier?… [Read more…] about Startling Jump in November Housing Starts; Are Happy Days Here Again?

Yikes! New Research Confirms It: Affluents are Moving to Digital Shopping

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eMarketer logoIn news sure to send a chill through the backbone of every luxury retailer and manufacturer of every luxury product – electronics included – eMarketer is reporting that new research makes it clear that Affluents, loosely defined as those with household incomes over $100,000, are now shopping online in increasing numbers. Up until now, online shopping was predominantly the domain of the mass consumer, with Affluents preferring gorgeous showrooms laden luxury appointments and knowledgeable, well-dressed and poised staff who cheerfully kowtow to them. Not any more…

Learn more about this latest research on Affluents, likely the target end-user for many of us… [Read more…] about Yikes! New Research Confirms It: Affluents are Moving to Digital Shopping