ASA Insights
Sep. 08, 2016

Despite Mixed Signals, Improvement in Store for U.S. Economy
ASA Advisor©
Despite throwing some mixed signals, the U.S. economy is well-positioned for growth, and several leading indicators support the positive outlook for the latter half of this year and well into 2017. First, U.S. Industrial Production is on track for a cyclical reversal this quarter and recovery through the remainder of 2016. Second, the U.S. Purchasing Managers Index, which typically leads Industrial Production by 9 to 14 months, has been generally rising on a monthly basis since December, 2015. Third, there are signs of improvement in commodity prices, particularly when looking at U.S. Crude Oil Futures. Lastly, Single Unit Housing Starts totaled 73.0 thousand units in July, up 1.3 percent from a year ago, which means construction is an area where the strength of the U.S. consumer will come through. Log in to MY ASA to access the latest report.More

California AB 2282 Recycled Water Law Status
American Supply Association
The new building standards currently being generated by the California Building Standards Commission and the Department of Housing and Community Development (HCD), as mandated by California AB 2282, will require recycled water infrastructure for new residential and nonresidential construction. Some of the biggest questions being asked by many sectors of the plumbing industry are what are the provisions that have been generated thus far and what is the current status of the standard? More

ASA Careers Officially Launches Campaign to Schools
American Supply Association
This week, ASA has launched a multi-tiered campaign to nearly 40,000 high school, college and technical schools seeking opportunities to address students about the wide range of career opportunities that exist throughout the PHCP and PVF industry. The next step is for ASA members to get involved in their communities by reaching out and participating in local career days. Don't wait for us! Start contacting your local high schools, community and technical colleges for their upcoming fair information. Need help connecting with your local schools or a Career Day Kit? Contact ASA Careers today! More

F.W. Webb Breaks Ground on Million-Square-Foot CD
F.W. Webb
The F.W. Webb Company held a groundbreaking ceremony today at the site of its nearly one-million-square-foot Central Distribution (CD) facility under construction in Londonderry, NH. Hailed as one of the largest facilities of its kind in the state of New Hampshire, the new CD will replace and be more than double the size of the company’s current CD in Amherst, NH. With heavy equipment and machinery providing a buzz of activity in the background, preliminary work continued unabated as state, local and F.W. Webb officials, along with many other supporters and interested parties, gathered at the construction site to commemorate the company’s latest milestone.More

Still Time to Register for NETWORK2016
American Supply Association
The most anticipated industry event every year, NETWORK, brings together owners and decision makers from wholesaler-distributors, manufacturers, independent reps, and professional leaders in our industry to network, learn, and grow. Continuing to be THE event for the PHCP-PVF industry, NETWORK2016 has again packed the agenda to maximize your time, solidify existing relationships, and build new industry connections. It will surely have you leaving with more knowledge about the industry, innovative techniques, and most importantly your customers, vendors, and peers. So, if you have not attended NETWORK, you are surely missing out on THE industry event. Register now for NETWORK2016 on September 28-30 in New York City. More

Finance Council Event: Advanced Controller and CFO Skills
American Supply Association
Join us as we hear an industry expert explain the critical skills that today's CFO's need to add value to their organization. This presentation will help you in determining how to become a powerful agent for positive change and coach for your team. Learn how to develop measurable missions and strategies and develop a tailored action suitable for your specific needs. The presenter will be Ronald Kral, CPA, CMA, CGMA, who is the managing partner of Candela Solutions, LLC, a public accounting firm with a national focus on governance, SEC compliance and internal auditing. The event will take place in Las Vegas, Nevada, on October 10, 2016. MORE INFO & REGISTRATIONMore

How to Build an Effective Board for Distributors
American Supply Association
More distributors are looking at the value of establishing a Board of Directors to gain perspective and fresh ideas from outside the company. Whether it’s a formal board or one that is more advisory in nature, a board can assist your team in stepping back and focus on higher level goals and vision. On Thursday, October 27, ASA’s CEO Peer Networking Council will host a webinar entitled Boards for Distributors: The Value of Utilizing a Board of Directors to Advance Your Distributor Business. During this webinar, you will learn the value of implementing a Board of Directors, if your Board should be a formal fiduciary Board or an advisory non-formal Board, what your board make-up should include, and how to get started and select an effective board. REGISTER NOWMore

Read the Latest from Morris Beschloss
American Supply Association
This week's news: Has Oil Become the Ultimate Indicator?

Want to read more from Beschloss? Click here to go to The Beschloss Perspective for a full archive of past articles.More

The Entertainment Giant That Can Also Teach You A Thing or Two about Employee Training
Training Station
I think it’s safe to say that almost everyone in America (and probably the world) is familiar with Disney. Most have seen some of Disney’s classic movies, like the Lion King, Aladdin, and Beauty and the Beast. Disney is well-known for producing hit after hit when it comes to film-making. That consistent success, partnered with the worldwide renown of its 11 theme parks, has made The Walt Disney Company one of the most recognized brands in entertainment.

Want help developing your own training program? Go to ASA-U Advisory Service today for more information.More

Hanjin Pledges $90M to Resolve Shipping Cargo Chaos
Manufacturing.net
Hanjin Group said Tuesday it will inject $90 million, including $36 million from its chairman Cho Yang-ho's personal assets, to help resolve disruptions to container cargo transport caused by Hanjin Shipping Co.'s financial troubles. The move follows South Korean government demands that the parent company do more to help as Hanjin's vessels remain stranded outside ports after the company filed for bankruptcy protection last week.More

The Stock Market has Already Picked the Next U.S. President
MSN
The GOP is traditionally known as the party of Wall Street, but this year investors, for the most part, are betting against the Republican standard-bearer. “The market appears to have decided not only that [Hillary] Clinton will win, but that it won’t be close,” David Woo, a strategist at Bank of America Merrill Lynch, said in a report distributed Monday. “Investors like landslide victories.”More