Thursday, April 17, 2008

Who will be the Bigger Loser?

Another one of the suppliers suffering from reductions in New Home Construction is the United States largest provider of . . . Water Meters.
Yep, the lowly Water Meter, those things that sit in a underground boxes out by the curb. The meter that you paid for but belongs to the Water Department.
Water Meter Sales are what many see as a true gauge of the housing industry as they are to a residence what belly buttons are to people with everybody having one right from the start.
With Watts Water Technologies taking a 18% drop in stock value today alone (and a 41% drop from their peak in 2007) I can only wonder what Oregon's Nursery Growers might soon report.
My guess is there will soon be much less demand for Cheap Illegal Alien Nursery Labor once those who brought them to Oregon start to feel the pinch.
The part I like best about such a potential happening is imagining the reaction the Nursery Growers might enjoy when they tell the Illegal Aliens to "go home, we don't need you any more."

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