ASA Insights
Jul. 26, 2012

Beschloss to Be Honored With Fred V. Keenan Lifetime Achievement Award
American Supply Association
Industry veteran Morris Beschloss will be honored with the American Supply Association's Fred V. Keenan Lifetime Achievement Award, to be presented during NetworkASA 2012 at the ASA Annual Member Luncheon on Thursday, Oct. 18, at the Hilton Bonnet Creek Resort in Orlando. The award, given at the discretion of ASA's Executive Committee, is presented to individuals with a long history of service and dedication to the PHCP and PVF industry. Beschloss has been a major industry influence for decades, and was one of the driving forces behind groups such as ASA's Industrial Piping Division and Vendor Member Division.More

Recently Added Speakers for NetworkASA 2012
American Supply Association
More industry professionals and leaders have recently been added to enhance your NetworkASA 2012 experience this October in Orlando. A man who needs no introduction, George Foreman, will headline the Weldbend IPD Breakfast and guarantees to be a knockout! Also recently added is leading economist Alan Beaulieu, who will present the 2013 ASA Industry Forecast session, brought to you by Rheem and Ruud. In addition, the topic of Lead Free – Sustainability Planning will be discussed with industry leaders such as Nibco and Kohler. Click here for more NetworkASA 2012 details.More

ASA Distributor Members' Second Quarter Tails Off
American Supply Association
The slowing trend within the American Supply Association distributor membership continued to the lowest level of growth for some time, showing a 4.8% improvement in per day June revenues as compared to 2011 and a 6.9% improvement in the full second quarter. As compared to 2010, they are up 15.2% for the month and 16.5% for the quarter and as compared to 2009 they are up 18.4% for June and 29.9% for the quarter. At the end of Q2, the plumbing, heating and pipe, valve and fitting distributors are also up 8.6% on a trailing 12-month basis.More

2012 ASA OPR and Executive Summary Now Available
American Supply Association
When you log in to your My ASA page at www.asa.net, you will find your complimentary electronic copy of the Executive Summary from the 2012 ASA Operating Performance Report now appears in the "Benchmarking" section. Among all 170 survey respondents, wholesale sales growth increased 7.8% in 2011, (5.9% for plumbing supply firms and 11.3% for PVF supply firms), after tax return on net worth...More

PVF Outlook Launched in June
American Supply Association
PVF Outlook, a new publication sponsored by ASA, was launched in June. With a total circulation of 20,000, PVF Outlook is targeted at ASA member end users in the following fields:

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House Takes Up Regulatory Reform Package
American Supply Association
This week in Washington, the House took up sweeping regulatory reform legislation to roll back many of the burdens on today's small businesses. With ASA's support, H.R. 4078, the Red Tape Reduction and Small Business Job Creation Act, was introduced combining a number of commonsense proposals that would bring about a greater sense of certainty for the business community. Specifically, it would prohibit any federal agency from taking any significant regulatory action until the Secretary of Labor reports that the Bureau of Labor Statistics average of monthly unemployment rates for any quarter is 6% or less.More

Aug. 13 Webinar to Focus on Hazard Communication Standard
American Supply Association
ASA's Safety Committee encourages member compliance and safety officers to take advantage of an upcoming webinar held by a fellow OSHA Alliance Partner, the Society for Chemical Hazard Communications. The webinar, titled Hazard Communication 2012 - The Revised Standard and What Changes You Can Expect in the Workplace, will be held Monday, Aug. 13 from 1–2:30 p.m. EDT. This webinar will review the major changes to the Hazard Communication Standard, aligning it with the UN Globally Harmonized System of Classification and Labeling of Chemicals. It also will cover changes including updated training, labeling and safety data sheet requirements.More

New Home Sales Tumble, but Upward Trend Intact
Reuters
New home sales recorded their biggest drop in more than a year in June and prices resumed their downward trend, dealing a setback for the budding housing market recovery. Single family home sales tumbled 8.4% to a seasonally adjusted 350,000-unit annual rate, the lowest rate in five months, the Commerce Department said. The percent decline was the largest since February 2011 and much of the drop in sales last month reflected a record 60% plunge in the Northeast, which had enjoyed hefty gains since December last year.More

European Debt Worries Drive Down Commodity Prices
The Associated Press via San Jose Mercury News
Persistent worries about Europe's debt-riddled countries drove most commodity prices lower Monday. Even a streak of record high prices for corn and soybeans was snapped. Oil fell 4%, copper 2% and wheat 3.2 %. Gold and silver also dropped. About the only bright spot was natural gas, which ended up 1.2%. The European concerns focused on Spain after its economy contracted 0.4% in the second quarter and the government predicted the economy would continue to shrink into 2013.More

Worldsteel: Global Steel Output Dips in June
Reuters
Global steel output slipped in June as the industry grapples with weak demand and falling prices, data from an industry body showed. Crude steel production declined by 0.1% to 128 million tonnes in June, compared with the same month a year earlier, according to data from the World Steel Association. Global output has been slowing in recent months, from a 1.2% year-on-year growth in April to just a 0.7% growth in May, as a weak global economy erodes demand for raw material.More

Worker Shortage? Teach Teens Manufacturing Skills
Bloomberg Businessweek
During her sophomore year at Kettle Moraine High School in Wales, Wis., Tara Britten ditched class and was in danger of expulsion. "They thought I was stupid," Britten says. "Nobody would challenge me at the level I needed to be challenged at, so it made me angry and bored." Her attitude changed last fall when the 16-year-old junior started participating in a nonprofit program called Second Chance Partners that teaches high school students skills they can use for manufacturing jobs. Britten, who was not expecting to graduate, is now earning $8 an hour working for a local manufacturer and completing her high school curriculum. She's also learning such skills as welding and reading blueprints and is confident she can get a shipyard welding job that pays $15 an hour and offers benefits when she graduates next year. More