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% …
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July Sees Decline in New Home Sales
Potential homebuyers continue to be deterred by high mortgage rates, rising construction costs and economic uncertainty, according to an analysis by the National Association of Home Builders (NAHB). Newly built single-family home sales dropped 0.6% in July, falling to 652,000 annually, …
Read More »Overall Housing Starts Down in May
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts in May decreased 9.8% to a seasonally adjusted annual rate of 1.26 million units. Single-family starts increased 0.4% to a 924,000 seasonally …
Read More »Consumers Continue to Spend on Retail as Tariff Impact Looms
Data released today by the U.S. Census Bureau showed retail sales growth in May despite a downturn in overall sales amid fluctuating tariffs on imported merchandise, according to the National Retail Federation (NRF). May retail sales in the building and …
Read More »April Retail Sales Show Moderate Growth for Building Materials and Garden Suppliers
The U.S. Census Bureau’s Advance Monthly Sales for Retail and Food Services for April 2025 reported $41.3 million in retail sales for building material and garden suppliers, up 0.8% month over month and up 3.2% year over year. That compared with …
Read More »New Home Prices Drop as Existing Home Prices Rise
The median price for a new single-family home sold in the first quarter of 2025 was $416,900, $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors (NAR) data. Traditionally, new …
Read More »Wilson Lumber Company Champions Women in Construction
Wilson Lumber, a Huntsville, Alabama-based lumber company, recently celebrated Women in Construction week, a week dedicated to honoring the role of women in the construction industry. The company celebrated in March with a themed luncheon entitled “Together We Rise.” Wilson …
Read More »NRF Recent Census Data Shows Gains in Retail Sales
Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …
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