October 2020 E-Letter
Greetings and Welcome to the October 2020 Edition of the BBBA E-Letter
We have included information about upcoming events along with relative news as it affects our lives, our health and the building industry.
As always, we encourage you to visit the following websites for additional news and information:
Blair/Bedford Builders: www.blairbedfordbuilders.com
Pennsylvania Builders Association: www.pabuilders.org
National Association of Home Builders: www.nahb.org
News and Announcements:
Remodeling activity rebounds, but for how long?
Even though a large portion of homeowners are undertaking do-it-yourself home repair and improvement projects, demand for professional remodeling services rebounded in the second quarter. Business conditions appeared to be improving further in the first half of the third quarter as well.
Come the fourth quarter, however, business may very well begin to taper off, initiating a downward trend that will stretch into the middle of next year and possibly longer.
Like most home professionals, remodelers saw a sudden and severe drop in demand for their services toward the end of the first quarter as the coronavirus pandemic spread across the United States. But demand renewed once restrictions began to relax in late May.
Analysis of user data by Houzz, reported a near 60% increase in U.S. project leads for home professionals on its platform in the month of June compared to June of the previous year. Most of these were for outdoor projects, but kitchen and bath professionals experienced a 40% increase in demand as well, the study found.
Those findings concur with that of the Q2 2020 Residential Remodeling Index (RRI), recently by MetroStudy/Zonda. It shows big-ticket remodeling spending was up 1.7% from the previous quarter and up 7.5% from June 2019. The RRI rose by 8.4 points over the first quarter to a new high of 128.8, indicating spending was 28.8% higher than the previous peak of 2007.
Most of our local contractors indicate that they're booked throughout the remainder of 2020 and into 2021. Unfortunately, the supply of building materials is not keeping up with the building demand due to closed borders, federal government tariffs and the three to six month factory shutdowns that occurred earlier this year.
Maintaining Employees' Physical & Mental Wellbeing:
With no clear end to COVID-19, social distancing and remote work are still common to some degree among many workforces. As we all venture through this time, it's still vital to consider and promote the mental and physical wellbeing of all employees.
It can be difficult when working from home or away from the office not to feel isolated and cut off. Some employees may also be feeling anxious, afraid, or alone due to social distancing during the COVID-19 outbreak. It's important to remind these employees that even if their remote work is only temporary, keeping up with their mental and physical wellbeing is as important as it has ever been.
Mental Health Strategies
• Take occasional breaks from work throughout the day to get fresh air, have a conversation with a family member, or to do something you enjoy. This will help you refocus and improve productivity.
• Focus on the health and well-being of you and your loved ones. This may help ease your mind of the situation that is unfolding around us.
• Take time to do activities you enjoy at home after work. Whether it's reading a book, gardening, taking a walk, this can help ease the frustration of a quarantine.
• Try to connect with family and friends over the phone. Talking through your difficulties with loved ones is a positive way to improve your mental health during this temporary situation.
• Stay involved with your community and up to date on any true information that may be surfacing. It is important to stay informed, however, finding the facts plays a large role in maintaining good mental health.
• Try to keep a regular routine of things you can do to keep yourself busy at home.
• Reach out to a mental health professional via the phone or video chat to address any mental health issues as needed.
Physical Health Strategies
• Take occasional breaks from work to stretch and walk around, this will help improve blood flow and productivity.
• Focus on a healthy diet, try to avoid eating too many non-perishable food items and fast food.
• Drink a lot of water throughout the day to remain hydrated. It is easy to forget to hydrate when working from home, but this will have a large effect on your productivity and overall well-being.
• Keep the same sleep schedule as you have always had, 6-8 plus hours of sleep at night is encouraged to keep up with your physical health.
• Exercise, even with gyms being closed for the foreseeable future, find what works for you and try to get 30 to 60 minutes of exercise a day - even if it is just getting outside for a walk (while maintaining proper social distancing).
• Reach out to a health and fitness coach or dietician for specific information on what you can do from home to keep up with your physical health.
Directors and Officers to Serve for 2021
The current Directors and Officers have agreed to serve in the same elective offices for 2021. Therefore, there will be no additional posting of said positions and no voting in November. This is all necessary due to the COVID-19 Virus that has caused the cancellation of meetings and other activities for 2020.
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The Board of Directors voted to cancel the October 6th membership meeting. At this time, we are making arrangements to have the November 3rd meeting as scheduled at the U S Hotel. We will keep you updated with the details in an email notice. Thank you for your patience and understanding.
Insurance, Discounts & Rebates:
It pays to be a member ......Insurance: Workers Comp Insurance by Eastern Alliance through McConkey & Co. visit Ryan Dixon @ email@example.com Health Care through PBIP call 1.888.333.7526
Discounts: National Purchasing Partners, visit www.mynpp.com to see the various materials, products and services that offer you discounts
Rebates: Join the member rebate program at: firstname.lastname@example.org You will find more than 50 of the country's leading manufacturers that participate in this program
PA One Call: Fax or mail your invoice to the BBBA Office @ 814.693.9712 and we will forward your invoice for payment. DO NOT pay direct.
These are just a few of the many member benefits that are available to both associate and builder members of the BBBA, PBA and NAHB. For a complete list of the member benefits, please visit the above websites.
Membership Information & Renewals:
Thanks to the following businesses for renewing their membership in the BBBA:
John J. Castle, General Contractor, Inc.; Advanced Concrete Systems, Inc.; New Enterprise Stone & Lime Company, Inc.; Bolger Brothers, Inc.
Join us in welcoming our newest member: Jersey Shore State Bank. Michael P. Cotchen is the Mortgage Loan Originator and they are located in the Kranich Plaza at 503 E. Plank Road. We look forward to introducing Michael at our next General Membership Meeting on November 3rd. (Tentative)
Calendar of Events:
November 3, 2020
Membership Meeting; US Hotel; 6:00p Registration; $25 p/p (TENTATIVE)
December 4, 2020
Christmas Party; US Hotel; 6:00p Registration; $30 p/p (TENTATIVE)
Reservations are required for all events. Simply respond to this email with your reservations - please include names of attendees. Cancellations must be made 48 hours prior to event or you will be billed.
Famous Quote: "It is never too late to be what you might have been."
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