by Annie Dameworth | Aug 26, 2025 | Industry News
Potential home buyers continue to be deterred by high mortgage rates, rising construction costs and economic uncertainty, according to an analysis by the National Association of Home Builders (NAHB). Newly built single-family home sales dropped 0.6% in July, falling...
by Annie Dameworth | Jun 23, 2025 | Industry News, Trends & Products
Data released today by the U.S. Census Bureau showed retail sales growth in May despite a downturn in overall sales amid fluctuating tariffs on imported merchandise, according to the National Retail Federation (NRF). May retail sales in the building and garden...
by Annie Dameworth | May 27, 2025 | Industry News
The U.S. Census Bureau’s Advance Monthly Sales for Retail and Food Services for April 2025 reported $41.3 million in retail sales for building material and garden suppliers, up 0.8% month over month and up 3.2% year over year. That compared with a 2.9% month over...
by Jacob Musselman | Jul 16, 2024 | Industry News
Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, National Retail Federation chief economist Jack Kleinhenz says. “The path of household spending remains difficult to read,”...
by Jacob Musselman | May 9, 2024 | Industry News
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, says Jack Kleinhenz, National Retail Federation (NRF) chief economist. “The U.S. economy lost some spring in its step during the first quarter as...
