2 minute read
Quick Quotes for 1992
"The real issue is not interest rates as much as it is debt. We are de-leveraging this economy. In that environment, cutting interest rates has hardly any impact, because people have too much debt and they are cutting that debt, not bonowing more."
Lawrence Chimerine Senior Economic Counselor DRVMcGraw-Hill
"...the days in which companies would borrow to rebuild inventories are pretty much gone. "
Norman Robertson Chief Economist Mellon Bank
"It's an election year, and historically, election years are pretty good for the housing industry."
Terence Williams Executive Vice President GMAC Mortgage Corp.
"Some states are still in a recession--California is one of them. But I think we're coming out of it right now."
Arthur J. Shaw
Chief Economist Los Angeles Area Chamber
"'93 looks good."
of Commerce
Han Veltkamp Chairman Resource Information Systems,
Inc.
"We expect the beginning of a moderate recovery by year end. Due to everyone's uncertainty, we expect lumber markets to react wildly to increases in actual demand."
Mack Singleton President New South,
Conway,
Inc.
S.C.
"...a possible double-dip recession before the economy gains momentum in the spring."
David Seiders
Chief Economist National
Association of Home Builders
"(Home) buyers will wait until interest rates fall further."
Lynn Michaelis Chief Economist Weyerhaeuser
"We're only going to get this thing once. It's important that we do it right (dealing with the economy)."
Senator Phil Gramm R-Texas
"Buyers are hovering right now. But there's no need to strike yet."
Darlene McTaggart Windermere Real Estate Seattle, Wa.
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December
Netlonal Hardwood Lumber AssochtlonD€c.9.10, forestry for non-foresters seminar, NHLA Educational Bldg., Memphis, Tn.
Vlrglnle Bulldlng Materlal AssoclrtlonDec. ll, building code seminar, place to be announced.
Lumbermen's Club of MemphbDec. 14, elcction of officers dinner, Racquet Club, Memphis, Tn.
January
North Amerlcan Wholesale Lumber AssociationJan. 5-1O Executive Management Institute, Mclntire School of Commerce, Univenity of Virginia, Charlottesville, Va.
ServlsterJen. 6E, market, Maniott World Center, Orlando, Fl.
Lumbermen's Club of MemphisJan. 9, installation luncheon, Racquet Club, Memphis, Tn.
Hardware Wholesalers Inc.Jan. l0-ll, winter building products miuket, Walt Disney World Dolphin, Lake Buena Vista, Fl.
Handy Hardware WholesaleJan. t0-12, spring market, George R. Brown Convention Center, Houston, Tx.
House Hasson Hardware Co.Jan. ll-12, Opryland Hotel & Convention Center, Nashville, Tn.
Cotter & Co.Jan. ll-14, True Value winter lumber market, Sheraton Harbor Island Hotel, San Diego, Ca.
Natlonal Housewares Manufacturers AssociationJan. 1215, annual expo, McCormick Place, Chicago, Il.
Mid-America Lumbermens AssociationJan. 14. state sales tax meeting, Lawton, Ok.
Southern Pressure Treaters AssociationJan. 14-17. winter meeting, Omni Hotel, Charleston, S.C.
Amerlcan Hardware Manufacturers AssociationJan. 1516, conference, Infomart, Dallas, Tx.
Carolinas-Tennessee Building Material AssociationJan. l7-lE, annual building products buying show, Charlotte, N.C.
United Hardware Distributing Co.Jan. 17-19, market, Orlando, Fl.
Atlanta Hoo-Hoo ClubJan. 20, meeting, Holiday InnPowers Ferry, Atlanta, Ga.
Kentucky Lumber & Building Material Dealers AssociationJan. 22-23, annual convention, Drawbridge Inn, Fort Mitchell, Ky.
Magnolia Hoo-Hoo ClubJan. 23, speaker meeting, Cafe Creole. Jackson. Ms.
Louisiana Building Material Dealers AssociationJan. 2326, annual convention, Lafayette Hilton, Lafayette, La.
Pafmetto Wholesale Co. -Jan. 24-25,martet, Cantey Building, State Fairgrounds, Columbia, S.C.
National Association of Home BuildersJan. 24-27. annual convention & exposition, Las Vegas Convention Center, Las Vegas, Nv.
Building Material Merchants AssociationJan. 25, outside sales seminar, Atlanta, Ga.
Central Builders Supplies Co.Jan. 28-29, annual buying show, Stouffer's Resort, Orlando, Fl.
Ace Hardware Corp.Jan.29-30,lumber & building materials show, Las Vegas, Nv.
