The U.S. economy grew at 2.8% in Q3 2024, according to the estimate released by the Bureau of Economic Analysis. This growth follows a 3.0% increase in Q2 of 2024. This quarter’s growth matched the National Association of Home Builders …
Read More »
The National Retail Federation (NRF) forecasts between 2.5% and 3.5% growth in holiday spending from 2023, equating to between $979.5 billion and $989 billion in total holiday spending in November and December of 2024. “The economy remains fundamentally healthy and …
Read More »
The International Longshoremen’s Association (ILA) has agreed to suspend the three-day strike along the East Coast until Jan. 15 in order to provide time to negotiate a new contract. The union agreed to the suspension after it reached a tentative …
Read More »
Early Tuesday morning, U.S. East Coast and Gulf Coast dockworkers began their first large-scale strike in over 50 years, stopping the flow of half of the country’s ocean shipping after negotiations between the International Longshoremen’s Association (ILA) and the United …
Read More »
The Federal Reserve cut interest rates by half a percentage point on Wednesday, in the hopes it will ease inflation, lowering interest rates to the 4.75% to 5% range. Lawmakers on the committee have gained confidence that inflation is moving …
Read More »
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation (NRF). “Retail sales data shows that consumers continued to spend on household priorities …
Read More »
For more than 50 years, U-C Coatings LLC has been a leading supplier of environmentally friendly, water-based wood protection products, including premium SEAL-ONCE coatings and sealers for exterior decks, docks, fences, siding and more. The U.S. Capitol Christmas Tree trailer needed a complete …
Read More »
84 Lumber has opened its newest door shop in Lawrence, Pennsylvania, housed in a 41,250-square-foot facility. The space is equipped with a door line and stair machine, dedicated to hanging interior doors, as well as building installation-ready stairs for the …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
