Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.15 percent. “As inflation continues to moderate, mortgage rates declined again this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Rates are at their lowest level since September of last year, boosting both homebuyer demand and […]
Fastenal Company Reports 2022 Annual and Fourth Quarter Earnings
Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter and year ended December 31, 2022. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Throughout this document, percentage and dollar calculations, which are […]
Enviva Announces Four Senior Officer Appointments
Enviva Inc., the world’s leading producer of sustainably sourced woody biomass, today announced the appointments of a Chief Commercial Officer, Chief Sustainability Officer, Chief Administrative and People Officer, and General Counsel. As the demand for reliable, dispatchable, and renewable alternatives to displace fossil fuels and secure a stable energy transition continues to increase, Enviva remains […]
U.S. Census Bureau: Monthly New Residential Construction, December 2022
Notice of methodology change: Beginning with the January New Residential Construction release on February 16, 2023, the Building Permits survey will change its target universe from the current 2014 basis to an annually updated universe. This change will allow for more accurate and quicker coverage when jurisdictions change from not issuing building permits to issuing […]
JCHS: Slight Gains in 2023 Outlook for Residential Remodeling
After several years of double-digit gains, expenditures for improvements and repairs to the owner-occupied housing stock are expected to grow only modestly in 2023, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects a steep deceleration in […]
Blue Book Services Leadership Transitions
Executive Team Boasts over 115 Years’ Experience Blue Book Services today announced that Jim Carr will retire from his position as CEO/President effective February 3, 2023. Carr will remain an active member of the company’s board of directors. He has served the organization for 43 years, including as CEO/President for the past 23 years. Blue […]
Roseburg Welcomes Cory Boydston to Board of Directors
Roseburg Forest Products is pleased to welcome Cory Boydston, the former Chief Financial Officer of Ashton Woods Homes, to the company’s Board of Directors. She replaces former board member Judith Johansen, who retired from the Roseburg board in 2022 after several years of dedicated service. “Cory brings deep experience and insight from decades spent as […]
PGT Innovations and Corning Incorporated Collaborate to Develop Advanced Window Technologies
PGT Innovations, a national leader in the premium window, door, and garage door categories, is pleased to announce a first-of-its-kind collaboration with Corning Incorporated to produce next-generation glass technology beginning this year. “PGT Innovations has a long-standing history and commitment to being an innovative industry leader,” said Jeff Jackson, President and CEO of PGT Innovations. “Collaborating with […]
Fastenal Surpasses $1 Billion in Sales Outside the United States
In late September 1994, Fastenal opened a sales branch in Stoney Creek, Ontario, Canada. It had just two employees and around $1,800 in first-month sales, but it was exceptional in one important regard: It was the company’s first branch outside the United States. From this humble beginning, Fastenal’s international (non-United States) business has grown to […]
Masco Corporation Sets Science-Based Target to Reduce Emissions by 50% by 2030
Masco Corporation (“Masco”) announced that it is setting an aspirational target to reduce its scope 1 and 2 absolute greenhouse gas emissions by 50% by the year 2030 compared to 2020 emissions. This goal aligns with the current standard of science-based targets deemed necessary to mitigate the worst effects of climate change. “As a global […]