Mortgage rates continued to increase in June due to high inflation and a stronger-than-expected labor market, according to the NAHB’s Eye on Housing. The 30-year fixed-rate mortgage averaged 6.49% in June, up 8 basis points (bps) over May. Since the …
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The Home Depot recently announced new partnerships associated with Pro Xtra, the company’s loyalty program for Pros, to include offers from brands like 7-Eleven, Jimmy John’s, Tecovas and Rosie’s AI Answering Service. The partnerships are designed to offer reward options …
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As Do it Best and True Value continue to work toward the integration of both companies under the Do it Best Group umbrella, vice president of field sales Eric Lane sat down with Hardware Retailing to share how the unification of …
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The U.S. economy added 57,000 jobs in June, the smallest gain since February’s decline, according to the U.S. Bureau of Labor Statistics. Downward revisions to April and May estimates subtracted 74,000 jobs from previously reported totals. The unemployment rate also …
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Builders FirstSource (BFS) and Union Pacific recently announced a partnership for a new rail-served facility in Bennett, Colorado. Located at Rocky Mountain Rail Park, the new facility connects Builders FirstSource with key markets. With Bennett quickly emerging as a hub …
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Hancock Lumber recently hosted a ceremonial groundbreaking event for the company’s 44,000-square-foot Oxford facility and celebrated the official hiring of Brian Mills as the facility’s general manager. Once complete, the Oxford facility will feature advanced automation and the latest technology …
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The National Retail Federation (NRF) recently released its annual list of the Top 100 Retailers, compiled by Kantar. The 2026 Top 100 Retailers ranks the industry’s largest companies according to 2025 U.S. retail sales. As the largest retailers continue to expand …
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The number of open positions in the construction sector increased in May, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from three years ago due to …
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