This year’s extended peak season is continuing, with a final bump expected this month that could push September just over the line to be the busiest month of the year for import volume at the nation’s major container ports, according …
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Do it Best Foundation Awards Over $144,000 in Grants to Community Organizations
The Do it Best Foundation recently announced the distribution of more than $144,000 in grants to 21 organizations dedicated to creating brighter futures for kids and families in the communities where Do it Best team members live and work. These …
Read More »Inflation Slows in June Amid Lower Energy Prices
Inflation slowed to 3.5% in June, down from a three-year high in May, largely driven by a ceasefire agreement in mid-June that stabilized oil markets and lowered energy prices. The decline in energy prices offset increases in shelter and food, …
Read More »Existing Home Sales Decline in June Amid Record Prices
Existing home sales dropped in June as record-high home prices and elevated mortgage rates impacted buyers, according to an analysis from NAHB’s Eye on Housing. Total existing home sales, including single-family homes, townhomes, condominiums, and co-ops, fell 2.4% to a …
Read More »Mortgage Rates Climb as Inflation Persists
Mortgage rates continued to increase in June due to high inflation and a stronger-than-expected labor market, according to the NAHB’s Eye on Housing. The 30-year fixed-rate mortgage averaged 6.49% in June, up 8 basis points (bps) over May. Since the …
Read More »U.S. Economy Adds 57,000 Jobs in June
The U.S. economy added 57,000 jobs in June, the smallest gain since February’s decline, according to the U.S. Bureau of Labor Statistics. Downward revisions to April and May estimates subtracted 74,000 jobs from previously reported totals. The unemployment rate also …
Read More »spoga+gafa 2026 Concludes Successfully, Confirms June Future Dates
spoga+gafa 2026 saw success in Cologne from June 22 to 24, 2026 with high international participation, the creation of strong business connections and a positive response to new formats. Driven by very positive feedback, changing supply and ordering cycles and …
Read More »Consumer Confidence Slightly Up in June
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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