Wednesday, January 13, 2010

Industry Barometer

Good morning sports fans! Went to a NARI (National Association of the Remodeling Industry) function last night hosted by Traditions in Tile & Stone of Alpharetta, GA. Alpharetta is a suburb of Atlanta. Traditions did a very nice job. One of my goals last night was to get a feel for how others perceive the current economic climate; translation = how's business? The response was mixed. It seems the larger remodelers had record months in December signing good sized contracts and the smaller guys, who may not do the "entire" job are still slow. Having not been in this business very long but having had experience in other industries, I would like to think the larger remodelers are the leading indicators for the smaller ones. After all, the smaller guys come in and do their "sub-contracting" for the larger guys once projects get started. That's what we're hoping for.

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