solarken
NABCEP PVIP
- Location
- Hudson, OH, USA
- Occupation
- Solar Design and Installation Professional
Anyone else feeling sticker shock at the cost of PVC conduit and fittings lately? Is this a temporary spike or the new normal?
PVC Conduit and Fittings Cost Lately
- Thread starter solarken
- Start date
- Location
- New Jersey
- Occupation
- Journeyman Electrician
My guess is that it's the new norm. There is little to no incentive to lower prices so companies that jacked everything up during and after covid due to supply issues won't lower prices very much. If someone flooded the market with cheap Chinese PVC then you would likely see domestic producers reduce their prices.
electrofelon
Senior Member
- Location
- Cherry Valley NY, Seattle, WA
I hear this a lot and I am a bit skeptical. There are multiple producers of PVC, so I think they would be subject to market forces and thus market pricing. Unless they are colluding, I don't think they could keep prices artificially high.
AC\DC
Senior Member
- Location
- Florence,Oregon,Lane
- Occupation
- EC
Your dollar is just worth that much less. Every one blames the evil corps. How about the biggest corporations the federal government there stealing your wealth
electrofelon
Senior Member
- Location
- Cherry Valley NY, Seattle, WA
I am certainly not an economist, but I would say the inflation is mostly due to the massive amount of money both parties of our government handed out during the pandemic. This may have prevented worse outcomes like a bad recession, but I'm sure that will be debated for decades.
farmantenna
Senior Member
- Location
- mass
where have you been the last few years? this is old news
electrofelon
Senior Member
- Location
- Cherry Valley NY, Seattle, WA
That's what I was going to say. Although it does seem like it's gone back up a little. Big Orange says like 21 bucks for a stick of 2-in, I thought I recall it being down to like 18 last I checked.
wwhitney
Senior Member
- Location
- Berkeley, CA
- Occupation
- Retired
Mostly? No. Partially? Probably.
Inflation was primarily due to the pandemic's economic disruption, and was a worldwide phenomenon. I expect that countries that had little or no fiscal stimulus still had a fair amount of inflation, while having significantly greater unemployment. However, I don't have a reference, and I would be interested in a proper comparison.
Cheers, Wayne
wwhitney
Senior Member
- Location
- Berkeley, CA
- Occupation
- Retired
A friend pointed me towards this information: https://wapo.st/4hPTJmw
In particular, the scatterplot below shows no correlation between "Non-health stimulus as a percentage of GDP" and "Inflation between 2020 and 2023".
Cheers, Wayne
Some what related, I had a representative from a company that makes RTRC conduit basically tell me that they will not be increasing production because they found a level of production that maximizes profits. So I would be waiting several months for my order
electrofelon
Senior Member
- Location
- Cherry Valley NY, Seattle, WA
Ok, maybe "mostly" isnt the correct word. Looks like about a third of it is from the stimulus:
Stimulus money is partly behind soaring U.S. inflation, Fed study finds
Trillions in stimulus payments may have added to the U.S. wider inflation picture, but it's only part of the story.
"The answer, according to a new study by the St. Louis Fed, is that government stimulus was indeed responsible for some U.S. inflation. The authors found that 2.6 percentage points of the 7.9% 12-month inflation rate in February 2022 was due to stimulus.
The authors found that stimulus payments led to substantially more demand for goods in the run-up to 2022, but industrial production at the time was unable to keep up. The result was a higher amount of “excess inflation,” they said."
AC\DC
Senior Member
- Location
- Florence,Oregon,Lane
- Occupation
- EC
why take information as fact from the snake oil salesman that sell this crap. The federal reserve should be abolished.
Read the creature from jeckle island.
Read the creature from jeckle island.
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ramsy
NoFixNoPay Electric
- Location
- LA basin, CA
- Occupation
- Service Electrician 2020 NEC
Is that another YouTube video?
solarken
NABCEP PVIP
- Location
- Hudson, OH, USA
- Occupation
- Solar Design and Installation Professional
After COVID the cost went up due to supply chain issues, but then it leveled off for a while, the last few months cost has gone up quite a bit, more for the fittings than the sticks of conduit.
AC\DC
Senior Member
- Location
- Florence,Oregon,Lane
- Occupation
- EC
No it’s a good book if you know how to read so maybe the audible version will be your style.
There is even a kids version if you want to start, out reading my kids love it
My 6 year old can read it so I have faith in you
The Tuttle Twins and the Creature from Jekyll Island - The Tuttle Twins
Ethan and Emily exploring a farmer’s market and county fair to understand just how controlling the Creature from Jekyll Island can be.
tuttletwins.com