Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in August, but three categories declined from July.
Eric Smith
Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
Posts By Eric Smith
The new facility in Fargo, which is more than 1 million square feet, will create 1,000-plus jobs in the area.
And housing starts are up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Daniel (DJ) Cunningham is managing the building material distributor’s newest location in St. George, Utah.
Aristeo “Ari” Nieves manages the building materials giant’s newest location, in the Maryland town of Centreville.
With the addition, Core & Main will beef up its HDPE (high-density polyethylene) products and services offering.
According to the Industrial Production and Capacity Utilization Report, industrial production increased just 0.4% during the month due to weather-related disruptions.
Dakota Supply Group will bring a branch to Burnsville, Minnesota, in March 2022, serving communities in the southern Twin Cities area.
Ryan Laverdiere manages the building materials giant’s newest location, in the Maryland town of Centreville.
Gartner’s Maria Boulden, one of the featured speakers at MDM’s upcoming Sales GPS conference, says salespeople who still harbor a 2019 mindset stand little chance of survival.
The company has added to its portfolio McCue Corp., a Boston-based safety business and a medical supplies distributor with operations in Australia and Singapore.
But new orders placed in July marked a 5.6% decrease from the previous month of June, according to the most recent U.S. Manufacturing Technology Orders report.
Wholesale trade shows improvement from same month in 2020 and was also up from the previous month of June, according to the latest report from the U.S. Census Bureau.
Revenues were greatly affected by the pandemic, but with 2022 on the horizon, companies are rethinking both M&A and the “new workplace.”
Pandemic highlights the need for steady hands in the C-suite, as company leaders were tasked with numerous duties beyond just growing the business.
The digital move complements the building distributor’s June acquisition of software provider WTS Paradigm.
The addition of the Philadelphia-based PJP is the second acquisition in a week for Envoy Solutions, which now has six assets in its portfolio.
The company’s subsidiary, Martin Fastening Solutions, added the Jackson, Mississippi-based fasteners distributor to its portfolio.
The deal adds 19 branch locations and 350 employees to Sonepar USA, the Charleston, S.C.-based subsidiary of Sonepar Group.
U.S. Census Bureau’s final report on new orders for manufactured goods shows improvement for 14 of the last 15 months.
