Free 2024 Mobile Engagement Guidebook for Distributors

Day: January 28, 2021

84 Lumber Appoints VP of Real Estate and Development

84 Lumber Appoints VP of Real Estate and Development

Building materials distributor 84 Lumber on Thursday announced that Bethany Cypher has been promoted to vice president of real estate and development. Cypher started with 84 Lumber in the purchasing department and was promoted several times with the company. She most recently served as 84 Lumber’s real estate and development director. In her new role, […]

Pandemic Revenue Index Up 3.9%

Pandemic Revenue Index Up 3.9%

Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 18 to Jan. 22 increased 3.9%, continuing a normal growth trend. “After a spike to start the year, some of it calendar driven, the index has reverted to mid-single digits for the second consecutive week,” said Mike Emerson, IRCG partner. […]

Real U.S. GDP Up 4% in 4Q According to Advance Estimate

Real U.S. GDP Up 4% in 4Q According to Advance Estimate

Real gross domestic product (GDP) increased at an annual rate of 4% in the fourth quarter of 2020, according to the “advance” estimate released Thursday by the Bureau of Economic Analysis. In the third quarter, real GDP increased 33.4%. The increase in real GDP reflected increases in exports, nonresidential fixed investment, personal consumption expenditures (PCE), residential […]

Census Bureau Releases Two Advance Economic Indicators for December

Census Bureau Releases Two Advance Economic Indicators for December

The U.S. Census Bureau on Thursday released advance indicators showing that the international trade deficit and wholesale inventories decreased in December. The international trade deficit was $82.5 billion in December, down $3 billion from $85.5 billion in November. Exports of goods for December were $133.4 billion, $5.9 billion more than November exports. Imports of goods […]

Applied Industrial’s 2Q Sales Down 9.9%

Applied Industrial’s 2Q Sales Down 9.9%

Applied Industrial Technologies (NYSE: AIT), Cleveland, Ohio, on Thursday reported sales for the fiscal second quarter ended Dec. 31 of $751.3 million, a decrease of 9.9% compared with the same quarter a year ago. Sales were down 10.5% on an organic basis. The company reported a loss in the quarter of 5.3 million, compared with […]