ASA Distributors Talk Current Market Conditions

As part of ASA’s monthly sales report, a free benefit to all ASA member companies, respondents to the survey provide their insights into current market conditions. Here is a sample of some of their comments:

“A few expected projects have delayed starts, due to higher interest rates and economic variables. Election years always affect business, but I believe the higher interest rates are the biggest factor, i.e. one point on a 20 million job will save $200K. It is easy ciphering. If the Fed cuts rates, things will start moving. Private money projects are going strong.”

“It's been a slower start to the year, but I think it is weather related. Sales appear to be picking up which will improve our numbers.”

“Service and repair sales remained stable and project sales showed some return to life after several months of limited to no activity. Pricing pressures seem to be increasing due to higher material costs, the competitive landscape, and national pricing programs at big box stores. Efforts to hire continue to be difficult and frustrating due to the limited number of candidates overall and the even more limited number of qualified candidates.”

To be added to the ASA Monthly Sales Report mailing list and to receive a copy of the current report, contact ASA’s Mike Miazga at mmiazga@asa.net.