Month: June 2019

Diesel And Lumber Prices – June 11, 2019

Fears of an economic downturn have started to impact oil consumption. As a result, Brent and U.S. West Texas Intermediate crude futures have fallen almost 20% after reaching their 2019 peaks this spring. “Uncertainty and volatility are set to prevail, and the immediate price outlook remains anything but clear,” said Tamas Varga, senior analyst at …

Continue Reading

Business News Flash – Indianapolis, IN

June 10, 2019   New distribution center, 90 jobs coming to Whitestown, IN   Massachusetts-based Puma North America, Inc. plans to open a $40 million distribution center in Whitestown, IN. According to documents filed with Boone County officials, Puma will lease a 635,333-square-foot facility at 3519 Perry Boulevard. Equipment installation at the facility is planned …

Continue Reading

May 2019 Job Numbers

Unemployment rate: 3.6%   Job creation slowed significantly in May. The economy only added 75,000 jobs last month, compared to 263,000 jobs the previous month. Analysts had expected the economy to add 180,000 jobs in May. “We had expected a slowdown after several years of job gains holding around 200,000, but not this much of …

Continue Reading