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Construction Job Openings Up in May

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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QXO Completes Acquisition of TopBuild Corp.

QXO Q2 2026 financials

QXO, Inc. and TopBuild Corp. recently announced that stockholders of both companies overwhelmingly approved all proposals required for QXO to complete its acquisition of TopBuild at the companies’ respective Special Meetings. Approximately 99% of the votes cast at QXO’s Special …

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Consumer Confidence Slightly Up in June

June consumer confidence

The Consumer Confidence Index from The Conference Board rose by 0.6 points in June to 91.2, up from a downwardly revised 90.6 in May.  The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, fell …

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New Home Sales Drop in May

new home sales May

Elevated mortgage rates, rising inflation and economic uncertainty kept many buyers out of the market in May as consumers and builders continue to deal with challenging affordability conditions, according to an analysis from the NAHB. Sales of newly built single-family …

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