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The subindex for final demand services drove the increase, largely traced to a spike in margins for wholesalers of professional and commercial equipment.
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Pepper said the Series C funding will expand its AI-powered platform for independent food distributors, accelerating product innovation, ERP integrations and go-to-market efforts across ordering, sales, receivables and embedded payments workflows.
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After a solid month-to-month and robust year-over-year December gain, market commentary indicates prolonged strong activity through the first half of 2026.Â
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GDP growth slowed to less than one-third of the rate it had in 3Q25, missing expectations as it was weighed down by the 43-day shutdown and slower consumer spending.
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It topped consensus estimates by a healthy margin, though December’s gain was revised lower.
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Help us recognize some deserving women in the distribution industry by nominating them using the form linked here.
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The monthly CPI had its slowest acceleration since May, and core inflation had its smallest annual move since early 2021.
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We're off Monday in observance of Presidents' Day in the U.S., so Update will be back in action Tuesday morning.
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Total December sales had modest growth, but were helped by an additional selling day vs. a year earlier.
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