The figure is significantly above the 6.6% increase in overall nonresidential spending, according to firm Marcum LLP.
Mike Hockett breaks down the latest U.S. Census Bureau’s wholesale trade data, covering revenue expectations and trends, inventory and more.
Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
Year-to-year food prices abated to 11.6%, which is historically high but also the lowest annual increase since October 2021.
December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to the Bureau of Labor Statistics.
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
In the second of a two-part series, John Johnson covers how distributors can take advantage of the movement to reshore sourcing and shorten supply chains.
It was a second-straight record revenue year for the wholesale trade sector. Here, we break down the key latest figures from the U.S. Census Bureau.
What should we expect in economic performance, inflation, labor and more in the next two years? Mike Hockett distills takeaways from Alan Beaulieu’s economic outlook presentation at the NAW Executive Summit.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
