New orders for durable goods, those designed to last at least three years, increased 1.1% in July over June when excluding transportation.
Don Davis
Articles by Don Davis
Deploying AI technology that understands the words salespeople speak is key.
U.S. wholesale sales grew 0.3% in June compared to May.
Total durable goods shipments increased by 0.5% in June over May.
To win at AI-driven commerce, distributors must help buyers’ AI agents find what they need.
Distributors and other companies should plan on higher prices as a result of tariffs.
Fastenal said the pace of price increases accelerated throughout the April-to-June quarter and current prices are now about 3% higher than a year ago.