CMM Weekly News Recap—June 7, 2019
Summertime and the living is easy, or so they say. Facility managers may be facing several challenges this season. In California, building managers are preparing for extended electrical outages of up to 48 hours. The state’s largest energy companies announced plans to deactivate power lines when weather conditions could spark wildfires. This plan is in response to investigation results that found at least 17 of the 21 major fires last year in Northern California were caused by power lines, poles, and other equipment owned by Pacific Gas and Electric Co.
Summertime is a popular traveling season, not only for humans but for pests such as bed bugs. Facility managers need to be diligent in watching for bed bugs that travelers may have brought with them from other buildings, even other states. The insects travel in personal belongings and hide in upholstered furniture and behind baseboards. Conduct an inspection looking for full-grown bed bugs, which are about the size, shape, and color of an apple seed. Also look for newly hatched nymphs, which are cream-colored and the size of letters on a penny, as well as small translucent eggs.
Summer can also be hard on the budget, especially when cleaning industry businesses consider the possibility of a recession due to trade wars. Financial experts at Morgan Stanley warn that a global recession could start within nine months if the United States imposes 25% tariffs on an additional $300 billion of Chinese exports and China retaliates. JPMorgan Chase & Co. predicts the probability of a U.S. recession in the second half of this year has risen to 40% from 25% a month ago.
Don’t let these worries ruin your summer. Experienced facility managers plan for budget contingencies.