But as Johnson looks out over his 30,000-square-foot operation, all he sees are busy workers racing to keep up with new orders for a variety of vital steel and copper components, including those used in electrocardiograms and cable television hookups. His biggest problem is finding enough labor to handle all the metal-bending work that is coming his way.
“There’s so much pent-up demand, and everybody I talk to — our suppliers and our customers — says the same,” he said. “We’re up 40 percent over last year and climbing. This month, we were up 100 percent over last year. It’s incredible.”
Johnson’s upbeat view stands in stark contrast to more prominent figures’ deepening gloom. On Wednesday, Jamie Dimon, chief executive of JPMorganChase, warned that “a hurricane” is bearing down on the U.S. economy.
Tesla chief Elon Musk and Lawrence Summers, a former treasury secretary, also have warned of a looming recession. In a…