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trex ceo brian fairbanks is here in a fox business exclusive. you could, compare this summer to previous summers. what kind of spend are you seeing people make on the stuff that needs your trex decking? >> thanks for having me back on the show again. this summer's very different from last summer. we're just coming off of our second largest quarter in the history of the company. now, last year it was a strong quarter as well, but there was significant build and inventory in the channel. this year channel invenn stories are very low. the consumer has been very active in improving their existing homes, so while it's been more difficult for the consumer to be able to move up to that stuff that, say, moving from a 1500 square foot home to a 2500, they're repairing and improving existing spaces, and that's definitely benefiting the company. liz: are you seeing my kind of wobbling in the spend? -- any kind of wobbling? and i ask because, i mean, forget mortgage rates which, by the way, look at week over week. the 30-year fixed jumped markedly, i believ
trex ceo brian fairbanks is here in a fox business exclusive. you could, compare this summer to previous summers. what kind of spend are you seeing people make on the stuff that needs your trex decking? >> thanks for having me back on the show again. this summer's very different from last summer. we're just coming off of our second largest quarter in the history of the company. now, last year it was a strong quarter as well, but there was significant build and inventory in the channel....
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and this, as i reflected into this conference as well as the a lot of power on the trex going on. we have seen the envoy of the chinese government who has been travelling across the country, symbols to new ukrainian conflict. we see a lot of commitment by the government of to kia and that some of the initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic. i could give it to you my personal take off oldest activities is that 1st before you should start with technical agreements again. and the crane agreement is and was such an agreement. and so there was a high potential to go on for to well, it seems to con, move a key security conferences in moscow this week. the russian capital is also hosting the army 2023, a international mandatory tech for him. the week longer band has brought together defense officials and industry experts from old around the world to model over innovations and all sorts of cooperation over now it's a lot is room and culture. i figur
and this, as i reflected into this conference as well as the a lot of power on the trex going on. we have seen the envoy of the chinese government who has been travelling across the country, symbols to new ukrainian conflict. we see a lot of commitment by the government of to kia and that some of the initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic. i could give...
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and this is very about a reflective into this conference as well as a lot of power on the trex going on. we have seen the envoy of the chinese government who has been traveling across the country, symbols to new ukrainian conflict. we see a lot of commitment by the government of to kia and as some other initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic or give it to my person. the take off oldest activities is that 1st before you should start with technical agreements again, and the crane agreement is and will also to the agreement and to the was a high potential to go on for to as the security conference in moscow continues the russian army is carrying out front line operations, the russian defense ministry says as forces have launched a long range to strike on key crane in military positions, amanda boat, depots, and munitions items, all targets were head, according to officials. and as long range strikes it, persist a quite a different operation that'
and this is very about a reflective into this conference as well as a lot of power on the trex going on. we have seen the envoy of the chinese government who has been traveling across the country, symbols to new ukrainian conflict. we see a lot of commitment by the government of to kia and as some other initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic or give it...
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and this, as i reflected into this conference as well as the a lot of power on the trex going on. we have seen the envoy of the chinese government who has been travelling across the country, symbols to new ukrainian conflict. we see a lot of commitment by the government of to kia and there are some other initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic. i can give it to you my personal take off oldest activity to is that 1st before you should start with technical agreements again. and the crane agreement is and was such an agreement. and so there was a high potential to go on for to our. so we come of this out here and i see another big conference concerning security. it's currently underway right here at most go. it's the international military, technical form, also known as the army 2023. it's basically a showcase with some of the very latest and high tech military weapons and technology details. silva come here in the program for now that's a ton
and this, as i reflected into this conference as well as the a lot of power on the trex going on. we have seen the envoy of the chinese government who has been travelling across the country, symbols to new ukrainian conflict. we see a lot of commitment by the government of to kia and there are some other initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic. i can give...
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and this is very well reflected into this conference as well as the a lot of power in the trex going on. we have seen the envoy of the chinese government who has been traveling across the country, symbols to new ukrainian conflicts. we see a lot of commitment by the government of to kia and that some of the initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic. i could give it to you my personal take off oldest activities is that 1st before you should start with technical agreements again. and the crane agreement is and was such an agreement. and so there was a high potential to go on for to talking to latest. now the situation in new jazz recalls following the latest cool and the economic community of central african states has given us back into the echo watch grouping of west africa nations over at stones, against the crew governments in the army. yeah, nigerian president, welcome to sol as our t among the blocks a. hi, appreciate this whole entire team s
and this is very well reflected into this conference as well as the a lot of power in the trex going on. we have seen the envoy of the chinese government who has been traveling across the country, symbols to new ukrainian conflicts. we see a lot of commitment by the government of to kia and that some of the initiatives, whatever you might think of them, whether they come from arab governments or the african continent. so does empower. that'd be see a tremendous amount of, of diplomatic. i could...