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The survey showed U.S. consumer sentiment significantly dropped in March, with inflation expectations hitting their highest level since 1993.
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ABC reported a major rise in the iron and steel commodity price, likely driven by tariffs that have given domestic producers greater pricing power.
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The monthly PPI went unchanged in February following considerable increases in January and December, driven by a decline in final demand services.
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The CPI trailed economists’ expectations, and did not capture the potential impact of tariffs on consumers.
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Now live, the issue's content spans distributors' domestic sourcing intentions; MSC Industrial Supply's digital programs; the final 2024 wholesale trade revenue figures; barriers to business innovation; market analysis on truck equipment and grid infrastructure spending; and more.
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The overall reading remained in expansion territory after nine straight months of contraction that ended in January.
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The U.S. Bureau of Economic Analysis reported a rise in personal income for January, while personal outlays and consumption expenditures saw a decline.
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Help us recognize some deserving women in the distribution industry by nominating them using the form linked below.
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Ohio-based Flighttime Enterprises and three employees face federal charges for illegally exporting aircraft parts to Russia, violating export restrictions and using false certifications to evade sanctions.
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