LBM Finance and Development Week: State of the Industry

Grant Farnsworth, president of the Farnsworth Group, which provides custom research and industry expertise to the hardware and building supply industry, joined Ken Clark, editor of Hardware & Building Supply Dealer to discuss the state of the industry.

Year-end metrics and early season forecasts set the stage for a discussion of the major trends affecting the housing market and dealers. Residential construction declines, industry consolidation and labor shortages are three major themes of early 2023, but there’s much more to the story. Find out what dealers are doing, what contractors are buying and what you should know about challenges and opportunities in the building supply business.