Fencepost - July/August 2017 - 54

All three construction sectors showed reductions in activity
in April. The largest reduction, 39%, was in nonbuilding
construction of public works activity nearly cut in half the
month. The residential building and nonresidential building
sectors showed more modest 5% and 1% reductions.

ASTM

By major region, total construction starts in the first four
months of 2017 showed considerable volatility. Activity
was down sharply in the South-Central region by 20%.
Activity in the Northeast and West dropped by 9% and 1%
actively. The Midwest region posted a modest 1% increase
for the first four months of 2017, while performance in the
South Atlantic region was the strongest with a 10% gain.

CLFMI

After several years of appreciating values for residential and
nonresidential real estate, most counties and municipalities have
seen their property tax revenues rise consistently. These increases
in tax revenues are allowing some local governments to fund
new infrastructure projects. Moreover, there is still discussion
"inside the beltway" that President Trump's proposal for federal
infrastructure spending is still being advanced. However, most
pundits believe that any increase in federal infrastructure
spending will not be realized until at least 2018.

Wire and Rod
Production and pricing is stable.

The best hope for funding federal infrastructure spending
may lie in a broad-based corporate tax reform. Such a policy
shift could allow infrastructure to beast funded out of profits
repatriated to the US by multinational corporations.

Commercial/Industrial: Commercial/Industrial remained
very strong in April. This is a continuation of the strong
growth in Q1 of 2017. Sales data shows that commercial/
industrial sales remain strong nationwide up 32% overall.

Against the current backdrop of continued economic growth
and high-octane political battles, most professionals in the
construction industry will point to shortages in quality
labor as among their biggest challenges. Indeed, in parts of
the country were both the residential and nonresidential
construction activity is strong, a lack of workers in the
"construction trades," coupled with higher materials prices,
have been major sources of concern for industry insiders.

High Security: High security projects are also a hotbed
of activity. Critical infrastructure projects continue
strong. Markets such as big data, transportation, and
utilities continue to drive the market. We are also seeing
an uptick in government spending as well. Increases
in this segment are in excess of 30% as well YTD.

Manufacturers' Report

There are currently 11 standards out for ballot. Of
them, nine are required for a five-year review. The next
committee meeting is October 11 in New Orleans.

CLFMI's summer meeting is in Lake Tahoe July 12-14.
Recently the institute updated their security fencing
recommendations, which can be found on their website.

STEEL & ALUMINUM, ARCHITECTURAL ORNAMENTAL

Ornamental Steel
Residential: Residential showed a slight slowdown in April as
compared to the same period last year. It appears that we are
experiencing a sluggish start to the residential fence season due
to a wet spring in many parts of the country. However, sales are
still slightly ahead of last year by approximately 3%.

Pipe & Tube
Tube sales slowed last month for the first time this year.
Slowed residential sales and heavy inventory levels appear to
be the main contributors to the pull back. Pricing has seemed
to stabilize since the price increases earlier in the year.

STEEL

PVC

Steel production and pricing is stable. Mill pricing
continues to experience pressure but there have been
no firm increases or decreases. Availability is good.

The industry is facing cost pressures; resins and raw materials
continue to go up. Since it's been about four consecutive
months of increases, many extruders have started to put
price increases in place. The industry is also seeing price
increases for some accessories. While it may still be too
early to tell, it appears that PVC may benefit from the wood
issue as a result of the Softwood Lumber Agreement.

ZINC
Zinc prices have softened. It' now trading
about a $1.28 and 1/2 cents per pound.

www.americanfenceassociation.com | 54 | July/August 2017


http://www.americanfenceassociation.com

Table of Contents for the Digital Edition of Fencepost - July/August 2017

Editor’s Note
Executive Director’s Message
President’s Message
Board of Directors | Board of Governors
Setting Yourself Apart From the Competition
VMA
Cutting Fuel Costs With Fleet Tracking
Blue Ribbon Companies
The Right Gate for the Job
CLFMI
New Technologies Provide Global Reach for Access Systems
New Members
All About I-9s
Calendar
Good Fences and Good Neighbors
Minding Your Business
Fencesense
Index to Advertisers
Fencepost - July/August 2017 - Intro
Fencepost - July/August 2017 - cover1
Fencepost - July/August 2017 - cover2
Fencepost - July/August 2017 - 3
Fencepost - July/August 2017 - 4
Fencepost - July/August 2017 - 5
Fencepost - July/August 2017 - 6
Fencepost - July/August 2017 - 7
Fencepost - July/August 2017 - 8
Fencepost - July/August 2017 - 9
Fencepost - July/August 2017 - 10
Fencepost - July/August 2017 - 11
Fencepost - July/August 2017 - 12
Fencepost - July/August 2017 - Editor’s Note
Fencepost - July/August 2017 - 14
Fencepost - July/August 2017 - Executive Director’s Message
Fencepost - July/August 2017 - 16
Fencepost - July/August 2017 - President’s Message
Fencepost - July/August 2017 - 18
Fencepost - July/August 2017 - Board of Directors | Board of Governors
Fencepost - July/August 2017 - Setting Yourself Apart From the Competition
Fencepost - July/August 2017 - 21
Fencepost - July/August 2017 - 22
Fencepost - July/August 2017 - 23
Fencepost - July/August 2017 - 24
Fencepost - July/August 2017 - VMA
Fencepost - July/August 2017 - Cutting Fuel Costs With Fleet Tracking
Fencepost - July/August 2017 - 27
Fencepost - July/August 2017 - 28
Fencepost - July/August 2017 - Blue Ribbon Companies
Fencepost - July/August 2017 - The Right Gate for the Job
Fencepost - July/August 2017 - 31
Fencepost - July/August 2017 - 32
Fencepost - July/August 2017 - CLFMI
Fencepost - July/August 2017 - 34
Fencepost - July/August 2017 - New Technologies Provide Global Reach for Access Systems
Fencepost - July/August 2017 - 36
Fencepost - July/August 2017 - New Members
Fencepost - July/August 2017 - 38
Fencepost - July/August 2017 - All About I-9s
Fencepost - July/August 2017 - 40
Fencepost - July/August 2017 - 41
Fencepost - July/August 2017 - 42
Fencepost - July/August 2017 - Calendar
Fencepost - July/August 2017 - Good Fences and Good Neighbors
Fencepost - July/August 2017 - 45
Fencepost - July/August 2017 - 46
Fencepost - July/August 2017 - 47
Fencepost - July/August 2017 - 48
Fencepost - July/August 2017 - Minding Your Business
Fencepost - July/August 2017 - 50
Fencepost - July/August 2017 - Fencesense
Fencepost - July/August 2017 - 52
Fencepost - July/August 2017 - 53
Fencepost - July/August 2017 - 54
Fencepost - July/August 2017 - 55
Fencepost - July/August 2017 - 56
Fencepost - July/August 2017 - 57
Fencepost - July/August 2017 - Index to Advertisers
Fencepost - July/August 2017 - cover3
Fencepost - July/August 2017 - cover4
Fencepost - July/August 2017 - outsert1
Fencepost - July/August 2017 - outsert2
Fencepost - July/August 2017 - outsert3
Fencepost - July/August 2017 - outsert4
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