Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to the Bureau of Labor Statistics.
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Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
In the second of a two-part series, John Johnson covers how distributors can take advantage of the movement to reshore sourcing and shorten supply chains.
Despite experiencing a decrease from total orders in 2021, the manufacturing technology industry still recorded its third-best year in 2022.
It was a second-straight record revenue year for the wholesale trade sector. Here, we break down the key latest figures from the U.S. Census Bureau.
What should we expect in economic performance, inflation, labor and more in the next two years? Mike Hockett distills takeaways from Alan Beaulieu’s economic outlook presentation at the NAW Executive Summit.
After getting back on track in December, factory orders are up four of the last five months.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
We polled distributors to ask if those that lost customers amid the height of supply chain issues in the past few years are starting to see those customers return. See the exclusive results and commentary here.
It was the index's ninth straight month of decline, and third straight in contraction territory.
In our latest QuickTake Podcast, Dorn Group's James Dorn shares how he sees a perfect storm brewing for private label investment as softening inflation and supply chain pressures add tailwinds to its equation.
We polled distributors about how they expect their labor and freight costs to change from 2022 to 2023. See the exclusive results and commentary here.
Overall, construction input prices are 7.9% higher than a year ago, while nonresidential construction input prices are 7.6% higher, ABC said.
The 12.2% sales growth was the slowest monthly increase since July 2021, said HARDI Market Research & Benchmarking Analyst Brian Loftus.
The U.S. hit its debt ceiling on Jan. 19. Here's what that could mean for the economy, and what NAW said it could mean for distributors.
Ahead of MDM’s Economic Outlook webcast, Mike Hockett gave a snapshot of a handful of key indicators showing current trajectories.
After reaching its highest total in three years in October, U.S. cutting tool consumption fell in November, but increased year-over-year.
The drop in factory orders followed three consecutive monthly increases.
Year-to-date orders for manufacturing technology orders dropped below 2021 for the first time in 2022, according to AMT's latest monthly report.
The cuts are nearly double the 10,000 layoffs Amazon said it was targeting in November.
