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Welcome to this edition of conference -- I'm Jeff block this week a special conference room focusing on.
Housing industry and specifically the industries that benefit.
From the boom in housing which seems to be moving unabated.
Take a look at the look -- cabinet shop this is in Wisconsin.
They make furniture for the -- furniture company we've got the folks.
For both organizations with us on this edition -- conference room.
Art I -- talk what you can Muster furniture first of all tell me how.
-- works you contract with local shops around the midwest to make your unique part of yes redesign actually their brother band of mostly design but we designer own furniture for the birds that's built -- the schools and our stores.
And then we think -- designer chat lines and -- them all the small manufacturing jobs mostly in the midwest.
A lot of Wisconsin Minnesota Illinois Indiana to build that honor I want a first ball take a look what I said war we got that Jordan guys did you -- -- -- -- -- this stuff is.
Very solidly built built built America -- in America.
And I think that we're putting majority.
Bottom -- jump on top -- -- That is a solid -- which sometimes you don't get.
With furniture that's made overseas.
-- the look weak cabinet company you guys do this you when you see an uptick in housing.
You went through a very difficult time in the recession.
You're back right.
Right -- dot com.
The furniture business and the last couple years spent very good for us on everything seems to be taken up in the market and we've been staying very busy.
-- Any mustard furniture company people wonder what's -- mustered about you guys when you're little you're.
Your dad paid you a penny a we have -- we.
All right that was that was the we -- our name fields and our parents.
Made -- the -- implantable awaited.
And I don't know if they love the way it's gonna -- a lot of work ethic and still we're still not service Leonard announcement that was on our first money we government.
But this kind of lit CU making furniture made in America there's a real desire for adults -- -- I've often said that half the fun of what we do.
It is buying the American made furniture we were to buy furniture that wasn't made here.
Half the fun of the retail that we do would be gone.
We really enjoy we're gonna the American the American worker and keep them -- their families that.
Anatolia in terms of the cabinet -- you guys did everything you could've survived during the recession.
Now you've got -- -- -- coming through here but but then it was pretty.
Gap is very tough actually trying to figure out what we're gonna do.
Housing so much drives furniture purchases.
When the housing goes down which of course that was housing led recession.
Let's start to pick up on now a lot where the way you -- -- I want to save the last word for the man that started.
The -- in the company you've been making furniture how -- since 1977.
You've written through a few up ticks in downturns in the -- us.
How was this last one.
We're limited to rule here -- Not as good as we do little to do what we've made it through.
-- Furniture making furniture.
Is so much tied to the economy when the national economy goes bad.
Right when people won't have the money to -- yourself there.
That's jewels and our pocket and this is just two companies right -- -- cabinet making company one of the -- making companies and furniture making companies that supplies any mustard.
This housing industry creates so many jobs in the US it's so.
To the -- yes that's -- -- I think across the border if it produces.
A lot of jobs for us that you look at any mustard we've got about fifteen or -- -- different shops like this that we work went.
All employing ten -- -- for different people -- each shop.
So in addition to our fifty or sixty -- that we employed directly.
Were probably responsible for another hundred plus employees.
In the midwest making furniture -- that's a big deal or anything or getaway -- that worries you about this housing recovery.
It seems to be solid we get sometimes mixed news.
I like the fact that it's kind of slowly going in the right direction it would scare me if it was going too fast but.
What scares me about it is what's gonna happen when interest rates -- -- I'm a little worried that as soon as interest rates go up -- Shiller -- -- back down like kinda like to see it going up all the and that means there's more meaning -- -- to me.
You build a broader foundation perhaps and that maybe you know it collapsed.
-- -- thought that his brother -- thank you the gentleman who run the -- cabinet shop in must he go Wisconsin.
Part of our special leadership conference room ticket -- housing industry and its tentacles of this industry.
-- huge part of the economy in right now.
The arrows are headed in the right direct.
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