by Jacob Musselman | Oct 30, 2024 | Industry News
The U.S. economy grew at 2.8% in Q3 2024, according to the estimate released by the Bureau of Economic Analysis. This growth follows a 3.0% increase in Q2 of 2024. This quarter’s growth matched the National Association of Home Builders (NAHB) forecast. The data from...
by Jacob Musselman | Sep 18, 2024 | Industry News
As mortgage rates are on the decline, builder sentiment rose this month even as builders continue to grapple with rising costs, according to the National Association of Home Builders (NAHB). In the newly-built single-family homes category, builder confidence is 41, up...
by Jacob Musselman | Sep 17, 2024 | Trends & Products
X-Rite Incorporated and Pantone announced new digital workflow capabilities in ColorDesigner PLUS color matching software designed for the retail paint industry. With integration into X-Rite’s Color iMatch formulation software and improved data sharing, paint...
by Jacob Musselman | Sep 13, 2024 | Industry News
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation (NRF). “Retail sales data shows that consumers continued to spend on...
by Jacob Musselman | Jul 26, 2024 | Industry News
In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate of 2.3% in Q2, reflecting an...