Retail sales in 2026 are expected to grow by 4.4% over 2025 to $5.6 trillion, based on new forecasts released from the National Retail Federation in partnership with Oxford Economics. The announcement was made during NRF’s sixth annual State of Retail …
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Building Material Price Growth Remain Above 3%
Residential building material price growth accelerated in February after slowing a month prior, according to the latest Producer Price Index release from the Bureau of Labor Statistics (BLS). The Producer Price Index for final demand increased 0.7% in February, a …
Read More »Lumber Imports and Employment Drop in Q3 2025
U.S. sawmill production was unchanged in the third quarter of 2025, according to the Federal Reserve G. 17 Industrial Production report and an analysis from the National Association of Home Builders’ (NAHB) Eye on Housing. Utilization rates for sawmills and …
Read More »Walmart Trials Shortened Remodel Process to Minimize Disruption
Walmart has announced it plans to roll out a new “rapid remodel” process that will produce quicker results and less customer disruption, set to test run in several Walmart Neighborhood Markets across Florida, Oklahoma, Texas, Georgia, South Carolina and Louisiana …
Read More »Record Credit Card Swipe Fees Fuel Calls for Credit Card Competition Act Reform
Credit and debit card “swipe” fees have reached $198.25 billion, a new record, amid calls by President Trump and others to decrease the fees, according to the Merchants Payments Coalition (MPC). “Credit card swipe fees make just about everything Americans …
Read More »ECI Software Solutions Appoints New Industry President, Residential Home Construction
ECI Software Solutions, Inc. announced it has appointed Bob Cain as industry president, residential home construction. Cain will lead strategy, growth and customer engagement for ECI’s residential home construction industry and brings over two decades of leadership in residential construction …
Read More »Mill Creek Lumber & Supply Acquires Tulsa Fireplace Supply, Expanding Specialty Divisions
Mill Creek Lumber & Supply Company recently announced it is finalizing the acquisition of Tulsa Fireplace Supply, Inc., a long-standing Tulsa provider of fireplace, hearth and stone products. Bud and Jill Farris, founders of Tulsa Fireplace Supply, will continue to …
Read More »Hancock Lumber Unveils New Kitchen Design Showroom
Hancock Lumber recently announced the opening of its new kitchen design showroom at the Brunswick Hancock Lumber location, part of the company’s generational rebuild of the entire Brunswick site. “I may be a little biased, but I truly believe our …
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