The Fire Sprinkler Roundtable

Some thoughts from NFSA

Archive for September, 2010

The Economic Roundtable – Recovery At A Snail’s Pace!

In recent days economic data suggests the economic recovery is gaining momentum. Trade deficit numbers are encouraging, corporate profits have soared, consumer debt has been drastically reduced and personal savings are improving. Hopefully consumer spending will show a marked increase and this engine which traditionally has been the driving force of improving the economy will begin picking up some steam. When will this translate into business for our industry? Backlogs continue to shrink and are not being replaced at levels that inspire confidence for the near term. The Building code requirements requiring fire sprinklers for new construction from homes to high rise are in place. I’m hopeful we will begin seeing some improvement in business activity by the second quarter of 2011. We ask our readers to “blog” their view of business activity and how they see things for the balance of this year into 2011.

3 comments