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Bosch fine-tunes its job-site radio mix

BY HBSDEALER Staff

Bosch Power Tools is expanding its lineup of portable, job-site radios with the addition of the PB180 18-volt lithium-ion compact radio. 

The new radio is described as “Ideal for busy, noise-filled construction sites.” The PB180 offers users best-in-class sound, portability and durability regardless of working conditions. 

Weighing in at 2.8 pounds, the PB180 is lightweight and compact, boasting two full days of run time with a 4 amp-hour battery (sold separately). Its compatibility with the Bosch L-Boxx-2 Click & Go storage and organization system makes storage and transport of the radio quick and easy while its rugged, shock-absorbing roll cage enhances durability. 

The product carries a MSRP of $99.

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Mixed results from housing starts data

BY HBSDEALER Staff

The pace of the nation’s housing starts turned in a positive direction in July, although the figure landed well below the million mark reached in March.

Data from the U.S. Census Bureau released Friday morning shows housing starts at a seasonally adjusted annual rate of 896,000. That’s up 5.9% from the upwardly revised estimate of 846,000 in June.

However, single-family starts — the bread and butter of independent LBM dealers — declined 2.2% to a rate of 591,000. That’s the lowest rate since September 2012, when the rate was also 591,000.

Compared with July 2012, single-family starts were up 15.4%.

Single-family starts showed regional month-to-month declines of 9.8% in the West and 4.6% in the South.

The total housing starts figure was somewhat disappointing, as various polls had expectations for a pace of 900,000 in July.

Building permits increased to a seasonally adjusted annual rate of 943,000, up 2.7%. Compared with a year ago, permits are up 12.4%.

source: U.S. Census Bureau

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HCN Stock Watch: Valspar still seeing negative

BY HBSDEALER Staff

Stocks fared poorly at Thursday’s close, with Valspar taking another big plunge of 5.91% in a sustained bout of flux since releasing a less-than-ideal earnings report this week.

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