Construction spending last month was estimated at a seasonally adjusted annual rate of $1,598 billion, 0.2% above the revised September estimate of nearly $1,595 billion, according to a report from the U.S. Census Bureau. The recent October number is 8.6% higher than the October 2020 estimate of almost $1,472 billion. During the first 10 months […]
Category: nine months
AD Sales Increase 34%
Wayne, Pennsylvania-based industrial products wholesale buying group AD says sales in the first nine months of 2020 were $44 billion, an increase of 34% across its 13 divisions. Same-store sales were up 19%. Member companies’ purchases from AD supplier partners grew 31%, while net distributions to its members were up 41%. “Every single day, we’re […]
