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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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GMS Expands in South Texas

GMS Acquisition

Gypsum Management & Supply (GMS) announced its acquisition of Central Materials, a stucco, stone, EIFS and masonry distributor that operates two locations in South Texas’s Rio Grande Valley. “We are excited to welcome Central Materials and its highly respected, customer …

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