U.S. wholesale inventories rebounded in June, despite expectations of a decline, as the trade deficit narrowed and retail inventories continued to grow.
U.S. Wholesale Inventories Reverse Course with June Uptick Read More »
As two of America’s freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated market. Here are the key details and context distributors should be aware of.
For the first time in three decades, two Fed governors voted against the consensus and supported a July cut.
Fed Leaves Interest Rate Unchanged for Fifth Straight Time Read More »
The IMF modestly raised its global and U.S. growth forecast for 2025 and 2026, citing easing inflation, improved financial conditions and reduced trade tensions.
IMF Raises Global Economic Outlook as Trade Tensions Ease Read More »
With $4.2 billion in 2024 revenue, Chart makes and designs process technologies and equipment for handling gases and liquids. It previously had agreed to be acquired by Flowserve.
Baker Hughes Buying Chart Industries in $13.6B Deal Read More »
It will create two independent public companies by the end of 2026, with ADI going forward as a $4.5 billion distributor of low-voltage products and solutions.
Resideo to Spin Off ADI Global Distribution Unit Read More »
U.S. GDP rebounded sharply in the second quarter of 2025, driven by stronger consumer spending and a drop in imports.
First Estimate: 2Q U.S. GDP Rebounded with 3.0% Gain Read More »
The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
Global Industrial’s 2Q Sales & Margins Accelerate Read More »
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