Month: June 2019

Diesel And Lumber Prices – June 11, 2019

Sam Meredith, CNBC   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 …

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Business News Flash – Indianapolis, IN

June 10, 2019   New distribution center, 90 jobs coming to Whitestown, IN Source: Samm Quinn, Indianapolis Business Journal   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 …

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May 2019 Job Numbers

Unemployment rate: 3.6% Source: Jeff Cox, CNBC   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 …

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Business News Flash – Charlotte, NC

June 5, 2019   $15 million industrial park development coming to Pineville, NC Source: Ashley Fahey, Charlotte Business Journal     Developer Beacon Partners is set to break ground on a 230,600-square-foot industrial building outside of Charlotte, NC. The warehouse facility will sit on a 46-acre parcel. The development is scheduled for completion in 2020. The …

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