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Economic Recovery Where?

 
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Old 03-15-2012, 02:31 PM   #21
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Re: Economic Recovery Where?


The bonuses are contained in an employment contract (a legal obligations just like rent or utilities) as a cost of doing business, just as a company or contractor offers to get good salesman (bonuses) or good managers. Managers are usually paid on and annual basis for performance (not always profits) and salesmen are paid based on a shorter term (month, quarter, semi-annual) or even on a job basis if the owner is short-sighted.
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Old 03-15-2012, 06:22 PM   #22
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Re: Economic Recovery Where?


IMO, with gasoline prices approaching $4.00 per gal and expected to go even higher, I feel we will see the death of any recovery we have seen.

This is essentially the same thing that killed the economy in '08, but add in the housing bust.

New employment numbers are not really up much.

Granted things ARE booming in certain areas do the increase in oil drilling activity with the fracking. Like ND, OK, and West Texas. Boom times.

But, I personally feel this subside after the economy shuts down again.

People cannot think of spending money on their home or buying a new one, when they cannot afford to drive to work. This is and has historically been a economic spike to the heart.

But after the economy crashes AGAIN, the supply of oil will go up again and the price will come down again.

Makes ya wonder if the Repubs and their (OIL) buddies aren't orchestrating this to get Obama out. ? ? ?
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Old 03-15-2012, 06:28 PM   #23
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Re: Economic Recovery Where?


its been slowly picking up. got a bunch of stuff lined up coming up. actually looking to hire one or two more guys in a few weeks.
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Old 03-16-2012, 06:36 AM   #24
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Re: Economic Recovery Where?


I've been in business since '83 and two things always happen: Work takes a dump in the months of Jan., Feb., and early March.
Also in a presidential election year it always does a slow down whether the incumbent is in or out.
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Old 03-16-2012, 01:51 PM   #25
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Re: Economic Recovery Where?


gotta agree with you tim. we've been in business since 86. actually today is anniversary of our incorporation. and its been the same. year in. year out..
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Old 03-16-2012, 02:01 PM   #26
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Re: Economic Recovery Where?


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Originally Posted by rmcqueary View Post
Just curious, if things are turning around, did somebody forget to clue northern Nevada in on the recovery. 2012 is so far the worst start for us in 3 years. Confused about what the media is reporting. Possibly a Democratic political maneuver.
Absolutely a Demo Pol Maneuver It you take a look at the "Economic Growth" in the private sector it has grown... at a rate of 1%. However, if you look at the Government employment growth.... it has grown at over 30%. So it is an accurate statement. We have growth... just doesn't help the private sector!!!!!!! oh don't get me started. lol
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Old 03-16-2012, 04:24 PM   #27
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Re: Economic Recovery Where?


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But after the economy crashes AGAIN, the supply of oil will go up again and the price will come down again.
No the supplies are already up, there's actually an oversupply right now.. More supply means absolutely nothing when there's a monopoly or oligopoly.. there's plenty of diamonds, anyone seen those prices drop..What will bring it down is disorganization, greed, dueling etc with OPEC nations and possibly taking it off of futures and the open markets..Unfortunately opec/wall street is quickly figuring out our breaking points.. there actually using oil to hedge inflation. A good thing that comes from that is at least home rates and other loans stay lower, but every-freaking thing else goes up..were absolutely getting screwed...
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Old 03-16-2012, 07:04 PM   #28
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Re: Economic Recovery Where?


..were absolutely getting screwed... And No Lubricant!
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Old 03-16-2012, 08:37 PM   #29
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Re: Economic Recovery Where?


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Originally Posted by AContractorWife View Post
Work is picking up in Utah

Picking up what?
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Old 03-16-2012, 08:39 PM   #30
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Re: Economic Recovery Where?


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Originally Posted by aptpupil View Post
*your results may vary*
this is kinda like saying global warming is a hoax because it snowed one time in october. these national and global numbers are much bigger than our backyards. ultimately all that matters to you is what's happening in your neighborhood, so vote accordingly.

We all know that GW is a hoax. Follow the money.
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Old 03-16-2012, 08:40 PM   #31
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Re: Economic Recovery Where?


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Originally Posted by Gary H View Post
Michigan is picking up. But you will not make much doing it. Reroofing is down to $20 a square for labor. Concrete went up to $130 a yard and contractors are still doing the work for 1998 prices, when crete was $60 a yard. So there is work and alot of it, but you will work for wages, even though you are busy.

Michigan has nowhere to go but up.
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Old 03-16-2012, 08:41 PM   #32
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Re: Economic Recovery Where?


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Originally Posted by BamBamm5144 View Post
Thanks to our Governor, WI is back on track!
Scott Walker.
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Old 03-16-2012, 10:23 PM   #33
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Re: Economic Recovery Where?


Fuel prices are definitely a non-factor in the economic growth. U.S. fuel prices are far cheaper than all developed countries and most have more growth than the U.S.
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Old 03-16-2012, 10:29 PM   #34
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Re: Economic Recovery Where?


Quote:
Originally Posted by concretemasonry View Post
Fuel prices are definitely a non-factor in the economic growth. U.S. fuel prices are far cheaper than all developed countries and most have more growth than the U.S.

Wow
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Old 03-16-2012, 10:34 PM   #35
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Re: Economic Recovery Where?


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Originally Posted by concretemasonry View Post
Fuel prices are definitely a non-factor in the economic growth. U.S. fuel prices are far cheaper than all developed countries and most have more growth than the U.S.
Respectfully Sir,

I have to disagree.
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Old 03-17-2012, 12:41 AM   #36
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Re: Economic Recovery Where?


Quote:
Originally Posted by rmcqueary View Post
Just curious, if things are turning around, did somebody forget to clue northern Nevada in on the recovery. 2012 is so far the worst start for us in 3 years. Confused about what the media is reporting. Possibly a Democratic political maneuver.
Say it ain't so!.........
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Old 03-17-2012, 08:34 AM   #37
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Re: Economic Recovery Where?


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Originally Posted by Acres View Post
No it's coming back... Housing's starting to bump back up, Rates are still unbelievable.. Peoples refi savings are starting to kick in. the stock market IS back.. People are traveling more IE destinations that's up.. The weather can also have major impacts and the weather's all in all been awsome..Spring fever is coming very early here in the northeast.. Has the potential to be a nice long season for myself, could be a record breaker.. Gas is my only worry... 4.00/+ a gallon will kill a lot of markets momentum, including some of our own..
Yes things are busier here for the first time in about 5 years but the gas is already slowing things down a little bit all of a sudden in the past four weeks or so the call volume is way off that is not a good sign and i am getting calls from the other EC's that i work with and they are saying the same thing so hopefully this will be a short term lull in business.


Do you do snow plowing as well?

I do and i was happy that my truck did not have to work to hard this winter and i was very busy all winter up until recently ,I still have a good back lg but if the phone does not start ringing it could be a slow summer.
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Old 03-17-2012, 10:09 AM   #38
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Re: Economic Recovery Where?


Quote:
Originally Posted by concretemasonry View Post
Fuel prices are definitely a non-factor in the economic growth. U.S. fuel prices are far cheaper than all developed countries and most have more growth than the U.S.
We just want to go to work everyday higher fuel is another knife.
I agree that if we were all working and being productive then it would be just incovenient but we have little else to keep us staying afloat these days.
The best remodeling clients other the upper class have always been the young adults starting out that buy an old house and need room.
I saw a stat yesterday that almost 45% of young adults are still living at home at 30. Not good. We are breaking the motivation of the skilled contractor to stay in business. The illegitimate guys can stay cheaper and the clients seem to think everyone does the work the work the same.
Every winter is rough and every spring we get a run of work for tax returns. Spring & fall sales used to carry us through the summer or winter. That trend has changed with fewer decent projects.
You get the feeling everyone is waiting for something to happen. I dont believe the unemployment numbers either. I think alot of people are no longer trackable in the stats. The dem's are giving false info and the GOP wont help in fear good news re-elects Obama. I dont think its all his fault but his agenda hasnt worked and he further divided the country. If he wins re-election we are screwed.
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Old 03-17-2012, 10:13 AM   #39
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Re: Economic Recovery Where?


Quote:
Do you do snow plowing as well?

I do and i was happy that my truck did not have to work to hard this winter and i was very busy all winter up until recently
Fortunately I don't. The main reason as you said is my truck. Also I live on cape, so the snow can sometimes be non existent..

Quote:
Fuel prices are definitely a non-factor in the economic growth. U.S. fuel prices are far cheaper than all developed countries and most have more growth than the U.S.
It's actually a pretty good point and very well might be IMO at least partially true in the "future". It's only partially true because All price increases do have an effect on economic growth. You want to slow economic growth or hedge inflation, raise interest rates. As I noted earlier instead of loan interest rates it's oil controlling the economy right now. So it is currently having a major impact on growth. It will change though once oil prices start to level off at 3.25-4.15 a gallon which will will be the new norm. Once were "adjusted" or better "forced" to accept/adapt to the new prices. Interest rates will go back up again (the gov can only lend at 0 for so long) then we'll adjust/adapt to that and so on.. What were seeing is a major economic adjustment period, which is starting with oil..
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Old 03-17-2012, 10:34 AM   #40
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Re: Economic Recovery Where?


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Originally Posted by falcon1 View Post
Michigan has nowhere to go but up.
Thats a good point. If we can hold out for another 3-5 years, I think Michigan will take off fast. Our property is going to become very cheap and under valued during this time. Then others will see how cheap everthing is here and hopefully there will be another run to the top. If this is true, I intend to ride this wave to the near top and then sell everthing off and retire.

Not making the mistake like I did this past run we had. I tried to dump my dead weight, but was too late towards the end and got stuck with it.

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