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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking Jan. 3, 2013


 


 
 
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Congress Averts 'Fiscal Cliff'; More Fights Loom
American Supply Association    Share   Share on FacebookTwitterShare on LinkedinE-mail article
On the afternoon of New Year's Day, hours after tax rates expired and spending cuts went into effect, the House and Senate agreed on a package of tax rates, extenders and a short-term delay to spending cuts. The bipartisan package allows taxes to rise on American households for the first time in a generation, marking a 180-degree Republican shift from the 2011 debt-limit showdown when they balked at closing corporate jet loopholes worth a couple billion dollars. The bill is a wild swing: It raises revenue by $620 billion and cuts spending by only $12 billion. More



Time to Check Your Pulse
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Each month, ASA partners with Industry Insights to compile data from wholesaler members that provides a snapshot on industry performance and how it relates to the broader economy. The value of this report is directly related to the number of wholesaler firms that contribute data each month — the greater the number of respondents, the more comprehensive and useful is the report and accompanying analysis. The participation deadline for wholesaler members to submit data for the December 2012 report is Friday, Jan. 11. Click here to learn more about this FREE and EXCLUSIVE benefit that ASA members frequently use when making key decisions.

FREE Webinar Jan. 16: Lead-Free Law Compliance
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Are you and your employees ready for the new lead-free law coming at the end of 2013? Not yet? Lead-free plumbing products for potable water will be required nationally beginning January 2014. The American Supply Association is a founding member of the Get The Lead Out Plumbing Consortium, and has worked closely with allied associations and industry firms to develop information on what you need to know to comply with this new law. What does the law mean for contractors, engineers, distributors and inspectors? Find out during a FREE webinar titled The New Lead Law is Coming - Are You Ready? being offered Wednesday, Jan. 16, at 3 p.m. EST. More

112th Congress Adjourns with Mixed Results; 113th Congress Sworn in Today
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As the hours ticked down on 2012, so too did the term of the 112th Congress, which ushered in more than 95 new faces to Washington in 2010 and returned the House Republicans to the majority. A number of those freshmen "majority-makers," along with dozens of their veteran peers, did not survive re-election. Others were defeated running for higher office (although a few did move up), and several quietly ended their careers on their own terms. But before leaving town, there was a bit of business to be done, specifically averting across-the-board tax hikes and severe cuts in spending. More



Blackman Plumbing Appoints Mannheimer Chairman
Long Island Exchange    Share    Share on FacebookTwitterShare on LinkedinE-mail article

The Board of Directors of Blackman Plumbing Supply Co. Inc. recently announced its election of Robert Mannheimer to Chairman of the Board. Mannheimer will continue in his role as President and Chief Executive Officer at Blackman Plumbing Supply, a position he has held since 2008. Mannheimer succeeds Richard Blackman as Chairman. More


Bradley Corporation's Jagelski Promoted to National Sales Manager
Bradley Corporation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Bradley Corporation recently announced that Phil Jagelski has been promoted to National Sales Manager. Jagelski is an active participant in ASA's Young Executives division and has been employed by Bradley Corporation for 24 years, most recently as Eastern Regional Sales Manager.

Manufacturing Ends 2012 Up Despite 'Cliff' Fear
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. manufacturing ended 2012 on an upswing despite fears about the "fiscal cliff," data showed Wednesday. U.S. factories returned to growth in December after contracting the previous month, the Institute for Supply Management said. Its index of national factory activity rose to 50.7 up from 49.5 in November, narrowly beating the consensus forecast in a Reuters poll. The ISM index had fallen to a 40-month low in November. More


US Construction Spending Dips 0.3%
The Associated Press via The Miami Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Spending on U.S. construction projects fell in November from October because a steep drop in volatile federal projects offset another gain in home building. Construction spending dipped 0.3% in November, the Commerce Department said Wednesday. It was the first decline since March and followed a 0.7% increase in October, which was revised lower. Total spending declined to a seasonally adjusted annual rate of $866 billion. That is 16.1% above a 12-year low hit in February 2011. Even with the gain, the level of spending remained only about half of what's considered healthy. More

Steel Production Rises 5,000 Tons in Great Lakes States
The Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Raw steel production in the country's Great Lakes region was 659,000 tons in the week that ended Dec. 15, according to estimates from the American Iron and Steel Institute. Production was up 5,000 tons from the week prior. The majority of raw steel production in the Great Lakes region occurs in Indiana and the Chicago area. Production in the Southern District was estimated at 632,000 tons during the period that ended Dec. 15, up from about 619,000 tons a week earlier. More

A Simple Graph Showing the American Manufacturing Worker is Suddenly an Incredible Bargain
The Atlantic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
December's Atlantic magazine predicts that we are on the verge of a U.S.-based manufacturing renaissance, as companies see the advantages to making more goods at home, such as more control over the final product, lower energy costs from moving goods across an ocean, and a falling "wage gap." Simply put, U.S. factory workers are a much better deal than they were just 10 years ago. More
 
 



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