Good News for a Toddling 2005
Roche, Jerry, Landscape & Irrigation
The new year is barely out of swaddling clothes and we're being deluged with good news about the green industry.
"There's every reason to be reasonably optimistic as we look ahead to what 2005 may have to offer ... the green industry generally," says Art Campbell, president of Turfgrass Producers International (TPI). "On one hand, the National Association of Home Builders is projecting a continuation of positive activity in the nation's housing. On the other hand, you have the National Association of Realtors projecting historically high home sales."
It doesn't take an advanced degree in business acumen to realize that new homes equal new yards, and new yards equal more business for professional landscape, lawn and irrigation contractors from coast to coast.
One industry-specific report says that at least $60 billion will be spent on landscape construction and maintenance; irrigation installation and repairs; landscape lighting; water features; power equipment; nursery supplies; and other supplies like pesticides and fertilizers.
Another bit of news comes from the Outdoor Power Equipment Institute, which forecasts "significant growth" for most commercial product shipments this year. Shipments of commercial riders are forecast to grow by 10.8 percent this year and expand by 14. …