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John Burns Consulting: 7% mortgage rates keep housing market in check, with inventory of existing homes for sale rising 2% year-over-year, while still near historic lows; builders still have the edge, but rising resale inventory may erode their advantage
Published:
March 28, 2024
by John Burns Research & Consulting
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US national gas price average increased one cent to US$3.53 in week ended Mar. 28; gas demand decreased from 8.81 to 8.72 million b/d, total domestic gasoline stocks increased by 1.3 million bbl: AAA
Published:
March 28, 2024
by American Automobile Association (AAA)
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Lumber customers continue to hold off on making large-order purchases on uncertainties if prices will fall further; inventory stocking has not yet occurred as buyers continue to make smaller, more immediate orders, keeping lumber prices flat: Madison's
Published:
March 27, 2024
by Industry Intelligence Inc.
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US commercial crude oil inventories in week ended Mar. 22 increased by 3.2 million barrels from the previous week to 448.2 million barrels; inventories are about 2% below the five year average for this time of year: EIA
Published:
March 27, 2024
by U.S. Energy Information Administration (EIA)
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Intralogistics & Warehousing Expo 2024 to be held May 2-4 at Autocluster Exhibition Center in Pune, India; expo to include two-day conference on warehouse optimization, inventory management, last-mile delivery solutions and sustainability in logistics
Published:
March 26, 2024
by Logistics Insider (India)
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