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U.S. Construction input prices continued to fall in December primarily due to plunging oil prices.
"Core inflation" ticked up 0.2% during the month, but ended the year with almost half the annual increase as 2022 did.
However, "Core inflation" was identical to November on a monthly basis and slightly decelerated year-over-year.
We're off Monday in observance of Martin Luther King Jr. Day in the U.S., so Update will be back in action Tuesday.
Continental is a distributor specializing in diesel engines and generators based in Greenville, SC.
Luis Valls and Lura McBride join the leadership team for AD's U.S. Electrical unit.
Kurtz Industrial Solutions President & CEO Brian Nowak assumes the leadership of the association as President.
CHEMFLOW is a distributor and manufacturers' representative specializing in precision-engineered flow control products for chemical services.
Winchester, VA-based Eastern provides drainage products to contractors, engineers and municipalities across the U.S. northeast.
These acquisitions by distribution giant Ferguson have an aggregate annualized revenue of approximately $220 million.
