Morris Beschloss: The Beschloss Perspective

Veteran industry analyst Morris Beschloss writes about the industrial pipe, valves and fittings industry.

ARTICLES

U.S. sees narrower budget gaps and stronger banks

U.S. banks are getting stronger.
June 26, 2014

CBO predicts narrower budget gaps


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Global inflation or deflation?

Tax offsets for individuals, small businesses.
May 21, 2014

After 25 years of this high interest rate reversal, goods prices dropped precipitously.


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Infrastructure investment could increase this sector

Nonbuilding construction surprise.
April 22, 2014

It’s becoming increasingly apparent the residential sector is in a strong comeback mode.


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2014: Off to a running start

Construction, manufacturing jobs on the rise.
March 17, 2014

Two simultaneous revelations right after the first of the year have magnified our predictions of industrial manufacturing and construction expansion, as the first quarter of 2014 gets off and running.


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Industrial construction to rise

Trend continues of renting or leasing homes.
February 20, 2014

In analyzing the 2014 industrial construction take-off quarter, we consulted industrial components expert Steve Letko regarding the geographical regions’ growth and the intensity of the product components comprising anticipated overall end-use growth.


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Residential construction on an upswing

Lack of skilled labor is an issue for many industries.
January 23, 2014

Although single-family housing starts have continued their comeback climb from under 100,000 annually in early 2009, they have significantly rebounded over that figure well into 2013. Much of the recovery on home sales has been concentrated on the reduction of over-extended existing home inventories.


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Commercial building loans on a roll

Solar energy projects also on the rise.
December 19, 2013

As mentioned in previous columns, commercial building loans and their supporting activity are edging toward pre-recession levels. As of mid-year 2013, U.S. banks had issued just short of one trillion dollars in commercial real-estate loans, up almost 4% from a year earlier, according to official sources.


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U.S. housing recovery continues

Previous residential boom will not be replicated.
November 18, 2013

With recent statistics noting “air pockets” in the post-recession, stuttering economic recovery, new doubts are being cast on the future of America’s housing comeback. On a year-to-year basis, the expansion of additional residential construction seems to have plodded ahead at a low double-digit rate with expectations of a forthcoming pickup, even if that rate is modest by previous standards.


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Commercial/industrial building on the rise

Auto industry comes roaring back.
October 18, 2013

 While much of America’s future economic dynamism has been riveted on the overdue upgrading of the nation’s infrastructure (pipelines, bridges, dams, railroads and highways), little has been heard lately regarding commercial and industrial construction. 


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Household net wealth at all-time high

Wealth gap between age groups causes concern.
September 20, 2013

It may not seem that way, when considering the relative snail’s pace of the general economic recovery, but America’s total household wealth topped $70.3 trillion by the end of 2013’s first quarter, according to the Federal Reserve Board. 


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June 2014

2014 June

In the June issue of Plumbing & Mechanical, read about the Burke Agency and find out why they are the 2014 Plumbing & Mechanical Rep of the Year. Read about the latest method for renewable fuel, what to take into account when installing indoor climate systems and learn to be a trusted advisor with the 2015 water heater regulations. Find out who is this month's Truck of the Month, read this month's Tool Tips and check out the latest products and news from the plumbing and mechanical industry.
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