News published on Business Daily in July 2020

News from July 2020


Inventories for businesses in the light truck and utility vehicle manufacturing industry increase $53 million, or 1.1 percent, to $5.1 billion in February, according to the U.S. Census Bureau.

The estimated sales for building material and supplies dealers for March 2020 was $28.8 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

The food and beverage stores industry had $129.5 billion in net sales in the 4th quarter of 2019.

The machinery industry’s net sales in the fourth quarter of 2019 were down 9 percent from the same period last year, according to the U.S. Census Bureau.

Inventories for businesses in the heavy duty truck manufacturing industry decrease $10 million, or 0.4 percent, to $2.3 billion in February, according to the U.S. Census Bureau.

The City of Phoenix Board of Supervisors recently approved the use of $23 million in federal CARES Act funds to help local small businesses and nonprofits with grants of up to $10,000.

The Indiana State Police will receive more than $2 million to combat the illegal manufacture and distribution of methamphetamine, heroin, fentanyl, carfentanil and prescription opioids as part of the Department of Justice's Office of Community Oriented Policing Services (COPS) programs.

Business spending in June has risen slightly since May, according to an analysis by Cortera, CNBC reported.

Arizona state house candidate, Mabelle Gummere (district 10), has committed support for term limits on Congress by signing the Term Limits Convention pledge.

The Greater Phoenix Chamber (the Chamber) has appointed five new members to its Valley Young Professionals (VYP) Board of Directors. VYP, a program of the Greater Phoenix Chamber, is for Valley-area professionals ages 25-39 aimed at creating the next generation of Phoenix leaders by informing and educating its members on important issues facing the local community.

Governor Doug Ducey today announced the appointment of Evan Daniels as the new director of the Arizona Department of Insurance and Financial Institutions. Daniels currently serves as the Unit Chief Counsel of the Technology, Innovation and Privacy Unit at the Office of the Arizona Attorney General.

The fabricated metal products industry had $64.7 billion in net sales in the 4th quarter of 2019.

Inventories for businesses in the consumer durable goods industry decrease $134 million, or 0.4 percent, to $31.8 billion in January, according to the U.S. Census Bureau.

Inventories held by beer, wine and distilled alcoholic beverages wholesalers in March 2020 were valued at $19.3 billion, according to the U.S. Census Bureau.

Inventories for businesses in the automobile manufacturing industry decrease $135 million, or 2.8 percent, to $4.7 billion in February, according to the U.S. Census Bureau.

Inventories for businesses in the consumer durable goods industry decrease $134 million, or 0.4 percent, to $31.8 billion in January, according to the U.S. Census Bureau.

The estimated sales for automotive parts, accessories and tire stores for March 2020 was $7.4 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Sales by petroleum and petroleum products wholesalers in April 2020 were $27.7 billion.

Inventories for businesses in the automobile manufacturing industry decrease $135 million, or 2.8 percent, to $4.7 billion in February, according to the U.S. Census Bureau.

The fabricated metal products industry’s net sales in the fourth quarter of 2019 were up 1.3 percent over the same period last year, according to the U.S. Census Bureau.