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The Strategist

The Strategist

The Goodwill Conundrum

As we all know, the construction materials industry, which in part includes construction aggregates, ready-mixed concrete and concrete products, has been consolidating rapidly over the past three decades, and the pace of that consolidation shows no signs of abating anytime soon. So it is worth understanding how purchasers in our industry, usually large multi-nationals, treat a purchase of a smaller competitor … and how that treatment may soon change.

Read more: The Goodwill Conundrum

How Jobs Continue to Drive Our Economy

2020 is here, and now we are starting to read some of the statistics that are emerging as the various agencies of the federal government release accumulated data from all corners of our economy for last year, as well as the decade that just ended.

Read more: How Jobs Continue to Drive Our Economy

Time

By: Pierre G. Villere

It’s 2020. Goodness, where did the year go? I am positive the boxes of Christmas decorations that came out of the attic did not have any dust on them, as it seems they just went back up there weeks ago, not months. But most importantly, we stand on the starting line of the third decade of the 21st century, with a full 20 years behind us. How our industry has changed.

Read more: Time

The Coming Decade

by: Pierre G. Villere

In the mid-1990s, my wife and I attended a conference in Aspen, Colo., a voluntary effort on our part to hear one of the great thinkers and futurists of the last third of the 20th century who was shaking up politics and policy from Capitol Hill to Sacramento, and every place in between.

Read more: The Coming Decade

Home Builder Confidence Surges

The month of October was a time of contrasting, and therefore conflicting, economic news that can be unsettling at times. The month started with a report from the Institute of Supply Management, indicating its manufacturing index fell to 47.8 in September, the lowest level since June 2009, from 49.1 the prior month. Readings below 50 indicate contraction, while those above signify expansion. The August result marked the first drop in three years.

Read more: Home Builder Confidence Surges

No Relief in Sight for the Tough Labor Market

By: Pierre G Villere

The future holds great promise, as technology continues to disrupt traditional norms and methods in the construction industry in general, and in the aggregates industry in particular. The future for driverless haul trucks, robotics that will replace traditional loaders, use of drones for multiple functions at quarries operations, and all manner of improvements in materials crushing and handling are on the horizon.

Read more: No Relief in Sight for the Tough Labor Market

The Wealth Gap Expands and Consumer Debt Pinches Housing

By: Pierre G. Villere

The expanding wealth gap in America may explain why Bernie Sanders and Elizabeth Warren have centered their presidential campaign messages on this topic. Indeed, after studying these metrics, I was surprised by what I found.

Read more: The Wealth Gap Expands and Consumer Debt Pinches Housing