The Diversification GameNew EmployeesStanding PatA Business Model Twist Mechanical Hub caught up with some business owners regarding business diversification and growing their business in an uncertain economy. In this current economic state—with consumer confidence plummeting surrounding recession talk and the realistic repercussions of tariffs, the rising materials prices and an uncertain supply chain—is now the Read more
economy
In this week’s update, we dive into the latest news on tariffs and their potential impact on the plumbing and home service industries.
There has been some tough rhetoric coming out of president-elect Trump’s camp regarding tightening the screws on imported goods by implementing a hefty tariff on countries such as China, Mexico and Canada, to name a few. Is this a good attempt to bring more manufacturing stateside? How will this affect the economy? Is this even Read more
Home Service businesses to benefit from focus on maintenance projects as homeowners regain financial flexibility Jobber, the leading provider of home service software, today released its latest Home Service Economic Report: 2024 Q3. The report features expert insights and proprietary data aggregated from more than 250,000 residential cleaners, landscapers, HVAC technicians, electricians, plumbers, and more, who Read more
The Fed’s recent interest rates cut could be just the beginning of a downward trend Ed Sullivan, the Chief Economist and Sr. Vice President of Market Intelligence for the Portland Cement Association (PCA) — which represents America’s cement manufacturers — says the Federal Reserve’s recent move to lower interest rates coupled with easing inflation signals a significant Read more