The U.S. economy added 162,000 in August as hiring was unexpectedly up during the month, according to the U.S. Bureau of Labor Statistics’ latest report. The unemployment rate was unchanged at 4.1%, and the number of unemployed people changed little …
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Do it Best Group closed fiscal 2026 with $5 billion in consolidated sales, up 3.8% from the previous fiscal year, and will distribute $132.9 million in patronage to its member-owners as the cooperative reports progress integrating True Value. The Fort …
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Distribution Solutions Group, Inc., recently announced the acquisition of American Fasteners Corp., a South Florida distributor of fasteners, tools, construction supplies and other industrial products. American Fasteners distributes a broad range of industrial products, including fasteners, power tools, anchors, cutting …
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Hancock Lumber recently announced that Matt Duprey has been promoted to chief white pine officer, effective immediately. This new role reflects both Duprey’s career journey and his continued impact on the company’s Eastern White Pine business and the industry at …
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The number of open positions in the construction sector increased in July, according to the latest Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down from three years ago due to …
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Single-family construction remained soft across most geographic areas in the second quarter of 2026, as rising building material costs, elevated interest rates and economic uncertainty continued to weigh on the industry. By contrast, multifamily construction strengthened in most regions, supported …
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Ace Hardware recently marked its 100th new store opening of 2026 and remains on pace to open more than 170 new stores by year-end. The growth reflects strong demand from existing Ace retailers expanding their businesses, independent operators converting to …
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Builders FirstSource announced it has acquired Gleckler and Sons Construction and Gleckler and Sons Building Supplies, which serve homebuilder customers in central, northeast and western Florida with residential framing services, roof and floor trusses, exterior doors, millwork and other building materials. The …
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