ASA Insights
April 21, 2011

Inventories Balloon in March with Continued Revenue Improvement
American Supply Association
For the 11th consecutive month, American Supply Association members are reporting growth, showing a 7.9 percent rate of growth in per day work day revenues in the month of March as compared to the same month in 2010; up 7.1 percent as compared to 2009 and down 9.9 percent as compared to 2008. Plumbing, heating and pipe, valve and fitting distributors are up 9.3 percent YTD and 7.5 percent on a rolling 12-month basis.More

American Standard Reaffirms Commitment to ASA's Supplier Partnership Program
American Supply Association
ASA is excited to announce that American Standard has once again joined ASA's Supplier Partnership Program. American Standard, a name that residential and commercial customers have come to trust and depend on to deliver innovative styling and exceptional performance since 1872, joins the program as a Bronze Level Supplier Partner. The Supplier Partnership rewards support with year-round visibility and recognition. We thank American Standard for recommitting to our endeavor and understanding the importance of investing in ASA.More

Tax Advisers: Higher Rates Are Coming
The Hill
As many Americans finish their returns to send to the IRS, some financial advisers say that, with deep budget deficits and the Bush tax cuts set to expire at the end of next year, they are counseling clients to prepare for a rise in their tax bill in the coming years. "We're going broke," said Clint Stretch, managing principal for tax policy at Deloitte Tax. "Whenever we've had big deficit-reduction measures in the past, it's always had some spending cuts and some tax increases." Still, the advisers say that, even as President Barack Obama has reiterated his call to allow taxes to rise on the wealthiest Americans, it's difficult to forecast exactly how some clients will be affected by changes to the tax code — especially given the current push for tax reform.More

A Busy Spring for Regional Events
American Supply Association
This spring, five of the American Supply Association's independent regional affiliates will host annual conventions and conferences. All of these programs represent outstanding educational and networking opportunities for local wholesalers, manufacturers, service vendors and independent manufacturer reps. The busy season starts with the annual PSDA Annual Convention, April 28 to May 1 in Indian Wells, Calif., followed by MwDA's Executive Leadership Conference, May 9-10 in Oakbrook, Ill. In June, WANE hosts the 2011 PHCP Industry Reunion in Cooperstown, N.Y., and the NCWA Annual Convention takes place June 13-14 in South Bend, Ind. The regional convention season wraps up with the SWA Annual Convention in Hilton Head, S.C., June 26-28. Click here for the Industry Calendar to find these events as well as more information.More

WinWholesale Inc. Founding Member Passes Away at 97
American Supply Association
Richard F. Schiewetz, the surviving founding member of Primus Inc., which later became WinWholesale Inc., passed away April 18 in Dayton, Ohio. He was 97. WinWholesale is one of the largest distributors of residential, commercial and industrial supplies and materials in the United States with revenues of $1.65 billion. Schiewetz was president of the privately owned company from its founding in 1956 as Primus Inc. until 1998 when he became chairman. He retired as chairman in 2002.More

Member Spotlight: Exciting Changes at Texas Plumbing Supply
American Supply Association
ASA member Texas Plumbing Supply Company Inc. is excited to announce changes in ownership. A Houston-based independent wholesale plumbing supply firm established in 1962, Texas Plumbing Supply has been an A-D (Affiliated Distributors) member since 2004. Terry Snyder will remain as CEO/owner. J. Lance Snyder, former president/owner, has retired after 34 years of service. Ethan Flowers and Nathan Jarmon will remain as vice presidents/directors. The Snyder family is excited to welcome the addition of the Fullers into their family business.More

Economist Shepherdson: US Manufacturing Remains Healthy
U.S. manufacturing remains strong, economist Ian Shepherdson said after the government reported an unexpected decline in factory orders for durable goods. "I'm reluctant to call this any type of turn," said Shepherdson, chief U.S. economist at High Frequency Economics of Valhalla, New York. "I don't think there's much wrong with the manufacturing sector." Shepherdson cited gains in the Institute for Supply Management's national factory index for his optimism in a radio interview recently on "Bloomberg Surveillance" with Tom Keene. He was less optimistic about the labor market. "I'm very skeptical of what's reported has actually happened," Shepherdson said.More

Energy Star Guidelines Become More Rigorous
Since its inception in 1995, the goal of the Energy Star for New Homes program has been to help home buyers identify homes that are significantly more energy efficient than typical homes in the marketplace. As code requirements have become more rigorous over the years, the Environmental Protection Agency has responded by modifying the Energy Star guidelines periodically to ensure that new homes that earn the label continue to represent a meaningful improvement in efficiency, comfort and quality over non-labeled homes.More

Will the US Finally Get a National Manufacturing Strategy?
Rep. Dan Lipinski, D-Ill., and Sen. Sherrod Brown, D-Ohio, announced on April 6 that they have each introduced bills to require the development of a national manufacturing strategy in order to boost traditional and high-tech manufacturing, spur American job growth and strengthen the middle class. America has lost 5.5 million manufacturing jobs, or one-third of the total, over the last decade. Lipinski's bipartisan National Manufacturing Strategy Act passed the House last year 379-38. The current version, H.R. 1366, has 11 Democratic and 10 Republican cosponsors.More