The Fashionable Cheetah, The Meter of It All, and Public Movement
Finally, we close with brief comments on The Fashionable Cheetah The Meter of It All, and Public Movement. First, after over a decade dedicated to denim fashion, there appears a shift consumer tastes. Women have begun to purchase clothing with neon, plaid, and animal prints. This shift to a more fashionable look is similar to shifts seen late in other economic cycles as a wholesale changeover in wardrobe occurs. With this shift in the look, we should all be seeing The Fashionable Cheetah all over. Second, municipalities finally have loosened their purse strings after a decade of repairing balance sheets. According to data from Badger Metter, municipal water meter sales are up over 10% year over year. For municipalities, it is The Meter of It All. And Third, public sector Non-Residential Construction started to soar this year. Spending rose 14% year over year according to the latest data from the Census Bureau. With the approved spending finally finishing the approval process, we expect more and more Public Movement.
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