Tulsa, Okla. - If you want to know how the economy, and especially the HOUSING industry, is doing, KRMG's Consumer Warrior Clark Howard says, count the Port-a-Potties.
He says where you find Port-a-Potties, you'll find construction.
He says both industries suffered a lot during the recession.
"When the housing market collapsed in the U.S., mid-to-last decade, who needs a port-a-potty then?"
But now, Clark says Port-a-Potty businesses are almost back to normal.
And, not surprisingly he says nearby areas also have more housing construction "starts".
Clark calls it the Port-a-Potty Index.
If the Port-a-Potty business is doing well, more often than not, it means CONSTRUCTION is doing well, because construction sites have to have Port-a-Potties.
Clark says a Port-a-Potty business in Orlando had to lay off almost all of its workers during the housing crisis.
“Went from 66, to 33, to 23, down to 11 people,” Clark said. “Barely hanging on by his fingertips.”
But now it's the "sweet” smell of success.