ASA Insights
Dec. 12, 2013

Budget Agreement Reached, Shutdowns Averted Through 2015
American Supply Association
With the calendar winding down and a large number of unfinished items on the agenda, House and Senate negotiators have agreed on a budget resolution; passing both houses remains uncertain. The House is set to adjourn tomorrow, but the Senate will be in session through the following week. The agreement would fund federal agencies through 2015, averting additional shutdown threats. It would allocate $1.012 trillion in spending for fiscal year 2014, a compromise between the $967 billion advocated by Republicans and the $1.058 trillion sought by Democrats. The plan includes a $63 billion spending increase for 2014 and 2015, but offsets these gains with $85 billion in deficit reductions over the next decade; a move that could make it palatable to conservatives. See more.More

Answers to Your Questions About Compensation and Benefits
American Supply Association
In spring 2014, ASA and its independent regional affiliates will release a comprehensive employee and executive compensation report. This will be the first time since 2010 that this kind of data will be available for the PHCP and industrial PVF wholesale-distribution channel. Data collection will begin in early January, and ALL wholesaler members will receive a copy of the final report in exchange for completing the survey questionnaire — at no fee. Please watch for more details after the first of the year.More

Water Heaters Face 2015 Mandate
Supply House Times
In April 2010, the U.S. Department of Energy issued new efficiency standards for residential storage water heaters — gas-fired, oil-fired and electric — and gas-fired tankless water heaters. These efficiency standards become effective in April 2015.More

Beschloss: Global US Refinery Derivatives on Way to New 2014 Records
The Desert Sun
Although this column has delved deep and often into all aspects of the U.S. energy revolution, on the way to practical independence in the next decade, we seem to have been relatively isolated by other analysts, ignoring the massive surge in refined derivative exports, which surged past 3 million barrels a day this year, and is expected to reach an incredible five million BPD by the end of the decade.More

Mechanics Lien: Everything You Ever Wanted to Know
By Scott Wolfe
Material suppliers have unique credit challenges, and the mechanics lien instrument is available to meet these challenges. The problem is that the mechanics lien laws are fragmented across the country and extremely convoluted. Learning about all the nuances involved in this area of law is a tall order, but this post will break down the primary need-to-know information about preserving, filing and enforcing a mechanics lien claim.More

US Wholesale Stockpiles Grow 1.4% in October
The Associated Press via Industrial Distribution
U.S. wholesale businesses boosted their stockpiles sharply in October as sales rose, encouraging signs for economic growth in the final three months of the year. Wholesale stockpiles grew 1.4% in October, the Commerce Department reported. That's nearly triple the 0.5% gain in September. Sales at the wholesale level increased 1% in October after a 0.8% gain in September.More

Analysis: Whither US Manufacturing? BEA Data Provides Clues
Reuters
U.S. manufacturers are pumping money into domestic operations again, according to government figures. But their outlay on machines, plants and other long-term investments has not returned to pre-recession levels and has failed to translate into a significant rebound in industrial jobs.More

Common Mistakes that Lead to Adhesion Failure
By Chris Lord
One of the most critical aspects of an effective coating application is achieving proper coating adhesion to either the substrate or between coats. While there are many variables that can lead to substrate or intercoat adhesion failure, there are several common mistakes that are the culprits. Upon visual inspection, when troubleshooting an adhesion problem, it is important to know the difference between these two types of failures.More