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January's figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
The value of 2023 total construction was up 7.0% from 2022.
Fargo, ND-based electrical supplies distributor Border States named Jason Stein as Chief Information Officer.
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
Fed Chair Jerome Powell suggested that a rate cut issued at his committee's March 19-20 meeting is unlikely.
It follows several years of transformation for the distributor of fluid handling, sealing and material conveyance supplies and solutions.
October-December Avnet sales fell 5.5% year-over-year in the Americas.
For the year, member distributors saw overall 12-month sales decline by 0.3%.
Joyce Orlob Evans — the daughter of the company's founder — played an active role in the MROP distributor throughout her life.
Electrical materials supplier Independent Electric will rebrand and restructure to enable more efficient operation.
