The increase in real GDP reflected increases in personal consumption expenditures, nonresidential fixed investment, exports, and state and local government spending.
The increase, up 15 of the last 16 months, followed a 0.5% July increase.
Operations
Article
Unilog Bows E-Commerce Ecosystem Program
Unilog’s e-commerce ecosystem includes Acumatica, Epicor, Infor, SAP, Kensium, and Microsoft, among others.
Operations
Article
Synnex Down 1.9% in 3Q
In the third quarter, Synnex’s net income of $94.7 million increased by 10.5% over the same quarter a year ago.
Operations
Article
United Natural Foods Down Slightly in 4Q
For fiscal 2021, United Natural Foods posted net sales of $27 billion, which was an increase of 1.5%.
Operations
Article
Ferguson Up 14.3% in Fiscal 2021
Ferguson’s underlying trading profit for the year that ended July 31 was $2.1 billion, which marked a 32%% increase from a year ago.
Operations
Article
Conexiom Nabs $130M in Growth Funding
With its investment, Warburg Pincus joined existing Conexiom investors Luminate Capital, which retains a majority stake, and ICONIQ Growth.
Operations
Article
Webco Industries’ Sales Up 63% in 4Q
Webco’s net sales for the current fiscal year amounted to $466.6 million, an 8.8% increase from the prior fiscal year.
Operations
Article
U.S. and Canadian Lumber Prices Spike in 2Q
Wood Resources International’s quarterly report said the cost for lumber in China has reached a record high this year.
Operations
Article
Report: Amazon Business to Hit $59B in U.S. Product Sales by 2025
Amazon Business will grow its U.S. product sales by 43.5% year-over-year to reach $27.6 billion this year.
Research
Article
Chicago Fed National Activity Index Slows in August
Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in August, but three categories declined from July.
Operations
Article
Parts Town Launches E-Commerce Marketplace
With the new marketplace, Parts Town is branching out into new verticals such as HVAC, janitorial, water filtration and technician supplies.

