Economic Trends Trade Deficit Jumps $19B in March The Census Bureau says the international trade deficit was $125.3 billion in March, up from $106.3 billion in February. April 27, 2022
Economic Trends New Residential Construction Permits Up Slightly in March Privately‐owned housing units authorized by building permits last month approximately 1.87,000, 0.4% above the revised February rate. April 19, 2022
Economic Trends Energy Costs Inflate Producer Prices in March The rising cost of energy sent wholesale prices up a record 11.2% last month, according to the U.S. Bureau of Labor Statistics. April 15, 2022
Research & Analytics HARDI Revenues Rise 27.1% in February Heating, Air-conditioning & Refrigeration Distributors International released its monthly report, showing 25.1% average annual sales growth. April 6, 2022
Research & Analytics ASA Members Report Sales Increases for February American Supply Association members who responded to a survey said median sales increased 27% in February versus the same month a year ago. April 5, 2022
Economic Trends New Orders for Manufactured Goods Drops in February After 9 straight monthly increases, new orders decreased $2.7 billion, or 0.5%, to $542 billion, according to Census Bureau data. April 5, 2022
Economic Trends Inflation Indicator Reaches 40-Year High The personal consumption expenditures index, which is monitored by the Federal Reserve, jumped 6.4% in February. March 31, 2022
Economic Trends 3rd Estimate: GDP Grew at 6.9% in 4Q A new estimate from the Bureau of Economic Analysis says real gross domestic product increased at an annual rate of 6.9% at the end of 2021. March 31, 2022
Research & Analytics Why the Global Shipping Crisis Isn’t Going Away Anytime Soon Supply chain issues continue to plague the industry, while persistent inflation and conflict abroad could create additional market chaos. Here's what it means for distributors. March 24, 2022
Research & Analytics Construction Input Prices Rise 2.6% in February An Associated Builders and Contractors analysis of Producer Price Index data shows construction input prices are up 24.4% from a year ago. March 17, 2022
Economic Trends Trade Sales and Manufacturers’ Shipments Up 3.7% in January The combined value for January, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,784.8 billion. March 17, 2022
Economic Trends Manufacturing Tech Orders Surge in January Manufacturing technology orders for the month totaled $436.6 million, according to the latest U.S. Manufacturing Technology Orders Report. March 14, 2022
Research & Analytics Inflation Rises 7.9% in February The year-over-year increase reflected the 12 months ending in February and was the biggest spike in 40 years, the Labor Department says. March 10, 2022
Research & Analytics Goods and Services Deficit Rises in January Exports were $224.4 billion, $3.9 billion less than December exports. Imports were $314.1 billion, $3.8 billion more than December imports. March 8, 2022
Research & Analytics February FDI Recovers ‘Nicely’ The Fastener Distributor Index recovered in February to 56.0, rebounding after January’s seasonal-adjustment-driven downtick. March 8, 2022
Research & Analytics Real GDP Increased 7% in 4Q Real gross domestic product increased at an annual rate of 7% in the fourth quarter of 2021, according to the ‘second’ BEA estimate. February 24, 2022
Economic Trends January Materials Prices Jump 20% Construction material costs soared between January 2021 and January 2022, according to an analysis of recently released government data. February 21, 2022
Economic Trends New Residential Construction Up in January Privately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of nearly 1.9 million. February 17, 2022
Economic Trends Trade Sales and Manufacturers’ Shipments Drop in December The Census Bureau says the combined value of distributive trade sales and manufacturers’ shipments for December dropped 0.7% from November. February 17, 2022
Economic Trends Advance Retail, Food Services Sales Rise in January Advance estimates of U.S. retail and food services sales for January were $649.8 billion, an increase of 3.8% from December. February 17, 2022