- Feb 19, 2008
- Reaction score
Sure seems like a lot of capital from all the Covid handouts is still working it's way through the system (business and personal). Lot's of contractors buying material way in advance to get ahead of shortages and long lead times. Will be interested to see who get's left without a seat when the music stops. Once all that capital has been spent is there still this high demand? Will existing contracts be put on hold? Will it be manufacturers, wholesalers or retailers (contractors) that are left with all the excess product. Interesting times for sure.Concrete demand exceeds pre-Covid levels. Further increases in demand are expected as the trillion dollar infrastructure spending bill is implemented.
It is not just cement. Long lead times exist on many things all the while ports, rail, shipping, and trucking are doing strong volumes.
A cut in demand for most things would certainly be welcomed by many as Summit Karl points out for himself.
It remains just way too busy with limited ability to grow above current volumes given a lack of labor in America. We can’t support existing demand let alone growth for the economy.