Month: September 2018

Hurricane Season And The Aftermath

Hurricane Florence barreled into the southeast on Friday. The storm snapped power lines, flooded roads, and shuttered businesses. So far the storm has claimed 32 lives, and total damage estimates sit between $17 and $22 billion. According to several estimates, the storm is among the top ten costliest hurricanes in U.S. history. Florence devastated the …

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Diesel, Lumber, And Staffing News – September 18, 2018

        National Average Diesel Price Per Gallon: $3.27 Global oil supply hit a record high in August. Supply topped out at 100 million barrels per day despite falling production in Venezuela and Iran, two of the world’s top oil producers. Higher output from countries like Nigeria, Saudi Arabia, Libya, and Iraq made up …

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August 2018 Jobs Report

The Bureau of Labor Statistics has released its latest jobs report. The unemployment rate held steady in August at 3.9% – the lowest since 2000. The number of unemployed workers – including the long-term unemployed – changed little compared to July. Employment rose in professional and business services, healthcare, wholesale trade, transportation and warehousing, and …

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Diesel, Lumber, And Staffing News – September 5, 2018

        National Average Price Per Gallon: $3.25 Motorists this Labor Day weekend paid the most expensive gas prices since 2014. Prices were 20 cents higher than last year. But despite the holiday weekend price jump, prices were actually low compared to previous years. “We’re talking about gas prices just a penny above …

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