As 2022 comes to a close it is now time to review my predictions from last year as well as predict ten more trends I see as we enter 2023. Just like last year, I will stay away from prognosticating about where the stock market will be at this end of the year; instead, I will stick to identifying trends that supply houses will find important in this upcoming year. With all that being said, let's jump right in and review my 2022 predictions.
Mike Rowe, the “Dirty Jobs” guy, caught a bunch of flak for saying, “safety third.” Seems folks took that to mean Rowe did not consider jobsite safety a priority when, in fact, he was attempting to point out the absurd notion that posted “safety first” signage was a farce. No one is really going to be constantly looking out for an individual’s safety and Rowe was simply trying to convey the message that everyone has to be responsible for their own safety on jobsites.
Businesses are facing major changes in the way they operate and the way they interact with clients, partners and suppliers. These changes, which are rooted in uncertainty, often challenge our business confidence as leaders at the highest level.
I love all the advances taking place in the world of hydronics, but I’m still seeing plenty of steam systems out there in our older cities, so knowing about dry steam will help you if you’re replacing a steam boiler. The dryer the steam is, the better you’re going to look to your customers.
As the water receded from Lake Mead this past year, all the major news headlines focused on the human remains it revealed. Very rarely did any mention the ecosystem in crisis as trees, fish and other aquatic creatures, birds and other species are dying out as they are left out to dry.
It’s no secret that there is a major shortage of skilled workers in the plumbing industry right now. According to one report, the booming real estate market, combined with piqued interest among homeowners in renovation projects during the pandemic, substantially increased customer demand for home services that isn’t slowing down anytime soon.
Let me clue you in on a poorly kept secret: Traditional advertising is expensive. I know, this isn’t exactly shocking. Depending on your market, a month-long rental of a billboard could cost five figures. A week’s worth of 15-second radio ads can run up to $8,000 — and that doesn’t include the cost of producing them. And television? Forget it.