The U.S. economy added 172,000 jobs in May, marking the third straight month of job gains despite rising inflation and continued economic uncertainty, according to the U.S. Bureau of Labor Statistics. The unemployment rate in the month remained unchanged at …
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OSHA Announces Top Violations, No Citation Increase
Improper fall protection was the most-cited OSHA violation in 2025. OSHA violations carry a financial penalty that the assessed company must pay. Last year, those penalties were $16,550 for each violation, as well as each day an employer fails to …
Read More »Construction Job Openings Up Slightly in April
The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …
Read More »Builders FirstSource Acquires Precision Design and Trim
Builders FirstSource recently announced it has acquired Precision Design and Trim, an installation business in Boise, Idaho. Precision Design and Trim provides high quality finish work for new home construction. “This acquisition expands our installation capabilities and strengthens our presence …
Read More »Decks & Docks Acquires J&W Lumber
Decks & Docks Company, a specialty distributor of composite decking, recently announced it has acquired J&W Lumber, an outdoor building materials company based in Southern California. Following the acquisition, J&W owner Clyde Jennings will continue leading the company. “My dad, …
Read More »Single-Family Construction Declines Nationwide in Q1 2026, Multifamily Remains Resilient
Single-family home construction declined across all geographic regions in the first quarter of 2026 while multifamily construction grew in most areas, according to the NAHB’s Home Building Geography Index (HBGI), as economic uncertainty, high material costs and elevated interest rates …
Read More »Home Depot Subsidiaries Ink Acquisition Deals
The Home Depot continues to expand its presence in professional building materials distribution through SRS Distribution, which it acquired in 2024, using acquisitions to add regional operators and expand coverage. SRS Distribution announced it has acquired the commercial roofing division …
Read More »The Metrics That Matter
Looking at how fellow independent home improvement operations perform throughout the year gives retailers in the channel a benchmark for improving their own operations. Since 2022, the North American Hardware and Paint Association (NHPA) has partnered with The Farnsworth Group …
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