HEAT SIPHON News - November 2018

New TimerStat Pro Status LED Enlightens Owners / Serviceman

Latrobe, PA - September 10, 2018

The NEW Analog "C" Series Heat Siphon's began shipping this month with our new TimerStat Pro Controller that adds a sophisticated status LED light while keeping our economical original "Set It & Forget It!" single knob design.

The LED can display red green & orange to let you know the status of your Heat Siphon at a glance, including - POWER, NO FLOW, HEATING, HI/LOW Pressure Error, Reset Breaker Error & Call Factory for Servuce.

When flashing the LED signifies various conditions such as checking flow, restart delay, heating pool, SEE ABOVE - animation for demonstration.

The TimerStat Pro will mount in the same door as the digital Player Models.

This allows a direct replacement upgrade to Digital without any wiring or harness changes other than a simple jumper. Just remove the door unscrew the plug and replace it with a digital Player door assembly.

"This is a MAJOR improvement which required some changes to the software of the controller, and the minimal cost of adding an LED to the board. The NEW SMART USER FRIENDLY Timerstat Pro will not impact the price of our analog models" says Bill Bernardi, President.

Dow Jones Still Well Above Election Day Levels

WSJ - November 14, 2018 - Predictions of 60 Economists

How will the new U.S. trade pact with Canada and Mexico affect the potential GDP growth rate? No Change from current trend - 70%, modest increase - 20%, modest decline - 10%.

They predict the unemployment rate will continue to drop to a new low of 3.56 % in 2019 and remain below the current record low of 4% until 2021.

Housing Starts will double the 2011 level of 600,000 and hit just under 1.5 million by 2021.

Better Days are On The Way!

HEAT SIPHON Mfg Accelerating

 

By WPB - November 15 2018

LATROBE, PA - "We still have a backlog of Heat Siphon sales orders to fill, but our mfg. capacity is continuing to accelerate with new equipment and employees helping out. Our Export orders are also increasing so. . .

Dealers - DON'T WAIT
ORDER NOW 2019

We are ramping up production to meet this increase but backlogs are still there so Put your 2019 orders in NOW !

U.S. Steams Ahead

By William Boston, Josh Zumbrun& Nina Adam -

WSJ Nov. 14, 2018

After climbing for most of the past two years, U.S. exports have trended down since May. but the U.S. economy is still being boosted by strong consumer spending, associated with low unemployment and individual income tax cuts enacted last year.

Rising government spending, particularly on the military, has also boosted U.S. demand.

The U.S. is somewhat insulated from an international slowdown because its exports are only about 12% of gross domestic product, compared to a global average of about 29% and even higher in Germany, meaning the U.S. is less exposed than most countries when the global economy weakens.

On Tuesday, OPEC, the Organization of the Petroleum Exporting Countries cut its forecast for global economic growth to 3.5% for 2019 from 3.6% previously, saying that “the slow-down in the global economic growth trend has become more accentuated lately.” It pointed to trade tensions and tightening monetary conditions, notably U.S. interest rate increases.

A months-long slowdown in China’s economy, as retail sales rose 8.6% in October from a year earlier, slowing from a 9.2% on-year gain in September.

While the U.S. economy has continued to outperform, there are signs the global slowdown is taking some toll on the U.S. as well, said David Joy, the chief market strategist - Ameriprise Financial Inc.

“A deceleration in global activity will probably take a little wind out of our sails, but I don’t think it will have a huge impact yet,” said Mr. Joy.

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