Retail spending grew in August as consumers purchased school supplies and attempted to get ahead of rising tariffs that could begin to affect prices, according to the National Retail Federation’s (NRF) CNBC/NRF Retail Monitor. Total retail sales were up 0.5% …
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Tariffs Expected to Drive Down U.S. Import Cargo Volume Through End of 2025
Import cargo volume at major U.S. container ports is expected to decline steadily for the remainder of 2025 amid rising tariffs, according to the National Retail Federation’s (NRF) Global Port Tracker report. “We have seen the implementation of reciprocal tariffs …
Read More »Building Material Prices Rise in August
Residential building materials prices rose in August for the fourth consecutive month, reaching the highest level since January 2023, according to the National Association of Home Builders‘ Eye on Housing report. Service prices decreased in August while goods prices slightly …
Read More »Job Growth Slows in August
Job growth in August slowed as the unemployment rate rose to the highest level in four years, signaling a continued cooling in the U.S. labor market, according to the National Association of Home Builders’ (NAHB) Eye on Housing report. The …
Read More »U.S. Retail Sales Up in Multiple States in May 2025
Ten states and the District of Columbia had significant year-over-year increases in total retail sales excluding nonstore retailers in May 2025, according to the U.S. Census Bureau’s Monthly State Retail Sales report. On average, total retail sales were up 1.8% …
Read More »spoga+gafa announces New Hall Concept for 2026 Show
spoga+gafa, the leading trade fair for garden lifestyle and barbecue, recently announced a new hall concept for the 2026 show. Object.Europe, designed by the editor of H.O.M.E. magazine and renowned voice in international design and architecture, Angelika Müller, will feature …
Read More »Mortgage Rates Decline in August
Mortgage rates continued to decline in August and are now reporting at the lowest rate since November 2024, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 6.59%, 13 basis points (bps) lower than July, while the 15-year rate declined …
Read More »Elma Building Center Unveils New Name and Store Updates
Bayview Building Materials announced it has changed its name to Elma Building Center, reflecting the community the store serves in Elma, Washington. “Our new name reflects our deep connection to the Elma community, and we’re excited to showcase our newly …
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