Backlog decreased on a monthly basis for all categories of company size except for those with more than $100M in annual revenue.
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The program caters to professionals in the construction and industrial space and will take place March 12-14, 2024.
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Year-to-date construction spending through the first half of the year was up 3.0% vs. 2022.
Cortland is a global designer, manufacturer and supplier of technologically advanced ropes, slings and tethers.
Applico outlines the most developed B2B vertical in eProcurement, its top SaaS providers and how distributors can take advantage.
Nonresidential construction employment rose by 12,200 positions on net, with positive growth in 2 of the 3 subcategories.
It marks Beacon’s fifth acquisition so far in 2023.
Get all the need-to-know info about our annual rankings of North America’s biggest market movers across 17 different industries — now available for all to view.
It was the distributor's weakest daily sales growth month since June 2021.
The company's year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
While overall construction input prices rose slightly from February, they were 0.9% lower than in March 2022.
Pete Eppele advises on how to re-consider cost-plus pricing models, examine customer-specific pricing and reduce over-discounting.
On a year-over-year basis, industry employment has grown by 196,000 jobs, an increase of 2.5%, according to a recent report.
Private nonresidential spending was up 0.7%, while public nonresidential construction spending was down 0.2% in February.
It was a deceleration from January's 11.2% growth, but another solid month nonetheless.
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
Though solid, sales and profit growth were considerably smaller than the previous several quarters.
It marks the end of the iconic "Stan the STAFDA Man" logo that served as the face of the association since 1977, though the new look is fairly similar.
