U.S. demand for hardware to reach $13.7 billion in 2021
A new Freedonia report points to continued growth in demand for hardware, encouraged by the rebound in building construction activity.
The report forecasts that U.S. demand for hardware will reach $13.7 billion in 2021.
In addition to added demand for building products and furniture (and related hardware), growth in motor vehicle and other transport equipment output will also contribute to hardware demand.
Of these segments, the fastest demand growth will occur in furniture hardware, which continues to recover from the declines of the 2007-2010 period.
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Stihl’s new mower is charged with features
Stihl Inc. is a brand best known for its chainsaws, it's gasoline-powered handheld equipment and its policy of distribution to independent dealers. More recently, the company is leading a charge in battery-power, with its Stihl Lightning Battery System.
A new lawn mower introduced this spring is the third iteration of batter-powered Stihl lawn mowers, and it promises the ability to cover more lawn in less time.The sweet spot for the Stihl RMA 510 is small to medium-sized suburban yards.
The mower, with its 21-inch deck, can cut up to 5,100 square feet of lawn on a single charge. It also includes a clever holding slot for a second battery, so users can swap in a charged battery in a few seconds. The mower features a commercial-grade 1,100-Watt brushless electric motor with ECO Mode. One of the advancements of the RMA 510 is its ability to detect thick rough, and act accordingly.
"The mower can automatically reduce power when mowing through light grass and adjusts to full power in taller grass, which helps to conserve and extend battery life.
The product carries an MSRP of $320 without the battery and charger, and $550 fully loaded.
batteries same as
batteries same as 16"/18"chain saw
Houzz Stat: Labor shortages impede renovation industry
Labor shortages continue. Three out of four general contractors, remodelers and design-build firms reported moderate to severe labor shortages across a broad range of skilled trades. Finish carpenters are in shortest supply. General laborers are also difficult to hire.
Shortages are worst in the Midwest. The middle portion of the United States is experiencing the most severe labor shortages across most of the trades.
Down about 635,000 employees. Between January 2007 and January 2011, a period of crisis for the housing market, U.S. residential building and remodeling firms and specialty trade firms (such as plumbers and carpenters) together lost about 1.35 million employees, according to the Bureau of Labor Statistics. These two sectors have gained back about 710,000 employees as of March 2017. But there are still 635,000 fewer workers than at the 2007 peak: 420,000 fewer workers in the specialty trades and 215,000 in residential building.
(Note that these numbers do not include people working in the field who don’t have an employee, for example, a plumber working solo.)
See the Full Q1 2017 Houzz Renovation Barometer here.
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