Wednesday, August 30, 2017

GDP growth was revised UP. What's up with your growth plans?

Headline: "US second-quarter GDP growth revised up to 3%"
This news about recent US GDP growth is great news for the US macro-economy, but it does hint at one possible drawback to your own economic plans. See if you notice what I'm talking about in the following excerpt from the FoxBusiness.com news story:

"...Strong growth and a labor market that is near full employment support views the Federal Reserve will lay out a plan to start unwinding its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities next month and increase interest rates in December..."(full story: http://www.foxbusiness.com/markets/2017/08/30/us-second-quarter-gdp-growth-revised-up-to-3.html )

You most likely noticed that five word warning tucked into that article. This caution only applies to those requiring financing to help them ramp up production to meet demand in the growing economy. As the news article indicates, consumer confidence is rising and employment is nearly full. That means more shoppers will be in the market to buy products like yours - or your competitors' products. 

Be prepared for more customers AND more competition with new advanced equipment, and get it now while interest rates are still in your favor.

Here are two mattress factory items that should be at the top of your list:

1. ) Waste-Exit vacuum-powered waste removal
This system starts paying for itself immediately with greater plant efficiency that will help your bottom line profits NOW and long into the future.




2.) Paragon M+ quilt machine
This machine is the most versatile available. It's everything you need: fast sewing speed, strong enough for thick panels, and Posi-Trim T&J thread trimming that eliminates non-value-add touches in your quilt department.



If you need to invest in future growth for your mattress business, now's the time, and if you're looking for the best ROI for that investment, now's the time to contact GSG!