FOR SALE 10 million According to Andy Ray, who spoke at last year’s WANE meeting in Annapolis, Md., 10 million small- and middle-size businesses will hang “for sale” signs in the next 5-10 years. 9 From former Amazon membership. Executive John Rossman’s “The Amazon Way: 14 Leadership Principles Behind the World’s Most Disruptive Company,” principle No. 9 deals with practicing frugality. “Why spend money on things meaningless to customers? Spend like we still are in day one. Non-country-club culture. No empire building by managers.” 300 The recent Luxury Products Group annual meeting in Huntington Beach, Calif., drew more than 300 attendees. LPG, as Omni President Bob Hoff notes, is one-third the size of Omni, which had 1,030 attendees at its 35th anniversary spring meeting on Hawaii Island in late January. 70 Under-sink garbage disposals were specified in 2015 by 70% of respondents to NKBA’s 2016 Kitchen & Bath style survey. That number is expected to hold steady for 2016. 8 Via management consulting group FMI, construction growth is predicted to slow to 8% in 2016 (ended around 10% in 2015), but still will be well ahead of GDP according to the group’s Q4 FMI Construction Outlook. Construction in 2016, FMI noted, is expected to reach $1.14 trillion in 2016, the highest total since 2007. FMI notes a key challenge will be recruiting and training talented workers. 5.7 Slow From HARDI’s TRENDS report, annualized growth for the 12 months through December 2015 was 5.7%. This compares to the 6. 1% gain in 2014 and was the second consecutive year of slower growth since 7.3% was reported for calendar 2013. 23 Since 2013, ASA’s Industrial Piping Division has enjoyed a 23% growth in net From former Amazon membership. 61 From ASA’s Monthly Pulse Report, 61% of respondents to the December 2015 survey reported having more fulltime equivalent employees vs. a year ago.
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