U.S. construction spending edged higher in May, helpeThe monthly dip came as non-data center commercial activity fell, while nonresidential activity improved.d by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.
June U.S. Construction Spending Unexpectedly Edges Down Read More »
The economic indicator expanded faster than market expectations on the strength of a considerable month-to-month production increase alongside employment.
ISM PMI Accelerates to 4-Year High Read More »
The security and low-voltage products distributor added an interactive customer education center and a 40,000-square-foot fulfillment hub near its Pittsburgh headquarters.
AlarMax Opens Innovation Lab, National Fulfillment Center Read More »
AD reported double-digit first-half growth in member sales and same-store sales as the buying group continued expanding its membership and moved toward acquiring national accounts-focused MRO network supplyFORCE.
AD First Half Member Sales Top $58B Read More »
The deal expands Turner Supply’s service coverage across Coastal Georgia and South Carolina while adding its 10th stocking location and sixth acquisition since 2019.
Turner Supply Acquires Millworks & Supply, Adds Savannah Location Read More »
The tuck-in deal adds two Southeast manufacturing plants and expands Builders FirstSource’s turnkey framing capabilities across structural design, component production, delivery, installation and field supervision.
Builders FirstSource Acquires Off-Site Construction Provider ICG Read More »
Prysmian’s $95-per-share agreement for Atkore would unite a major wire and cable producer with a broad portfolio of conduit, cable management and framing products, creating a larger North American supplier positioned around electrification and data center investment.
Prysmian Buying Atkore in $3.8B Electrical Infrastructure Deal Read More »
The deal expands Meritus’ presence in the Dallas-Fort Worth market, where it also added Greens Welding Supply earlier this year, and marks its third announced deal of 2026.
Meritus Gas Partners Adds 5 DFW Locations with Acquisition of Metroplex Welding Supply Read More »
Trinity Hunt Partners launched Steadpoint Industrial Services with Northline Industrial as its foundational investment, establishing a new platform that provides aftermarket repair, field services and other MRO solutions.
PE Firm Forms MRO Services Platform Steadpoint to Serve Distributors, Manufacturers Read More »
Home Depot created an “Office of Pro Acceleration” to coordinate its expanding contractor-focused businesses, technology and fulfillment capabilities as it pursues a larger share of a $700 billion Pro market.
Home Depot Realigns Organization to Accelerate Pro Growth Read More »
NAW’s latest EPR challenge targets Colorado’s packaging recycling law, marking the association’s third legal action against state EPR programs after its Oregon and California filings.
NAW Sues to Block Colorado EPR Law in Latest Legal Filing Read More »
BLDR posted another quarter of broad sales and margin declines as housing affordability pressures weighed on single-family and multifamily construction. The distributor lowered its 2026 outlook while expanding cost actions and continuing to invest in value-added services.
Builders FirstSource Cuts 2026 Outlook as Housing Slump Pressures 2Q Read More »
The electrical distribution giant posted record sales and profitability across its portfolio, with data center growth again leading the way, while sharply raising its 2026 outlook and closing its Newark Engineering acquisition.
Wesco 2Q Sales Jump as Data Center Demand Drives Record Backlog Read More »
The headline figure came in below expectations as rising imports and weaker government spending weighed on growth, but a sharp acceleration in private domestic demand offered a considerably stronger underlying signal.
First Estimate: U.S. 2Q GDP Growth Slows to 1.5% Read More »
The Federal Reserve maintained its benchmark interest rate again, extending a pause that began in December. Three regional Fed presidents dissented in favor of raising rates as policymakers continued to emphasize elevated inflation.
Fed Leaves Rates Unchanged for 7th Straight Month; 3 Dissents Read More »
SiteOne Landscape Supply posted higher second-quarter sales, profit and gross margin as acquisitions, pricing and commercial initiatives offset continued weakness in residential construction and repair-and-upgrade demand.
SiteOne 2Q Sales Rise 5% Despite Softer Landscape Demand Read More »
The manufacturer’s power tools and North American businesses returned to growth, while tariff refunds and productivity gains expanded margins and supported raised 2026 guidance.
Stanley Black & Decker 2Q Organic Sales Rise on Tools Strength Read More »
The HVACR distributor posted modest sales and residential equipment volume growth as its A2L transition neared completion, while eCommerce sales continued to gain solid traction during the first half.
Watsco 2Q Sales Rise 2% as HVAC Demand Stabilizes Read More »
The major wine and spirits distributor entered bankruptcy after transferring most of its markets to competitors, closing facilities and accumulating hundreds of millions of dollars in unsecured supplier claims.
RNDC Files for Chapter 11, Pursues Sales and Wind-Down Read More »
The distributor’s newest HVAC supply house expands its reach in North Carolina’s Triad region, continuing a busy year of greenfield openings, acquisitions and major distribution infrastructure investments.
Winsupply Contines to Fill Regional Gaps, Adds 7th Greenfield of 2026 Read More »
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