In 1989, Delta Gypsum started in Graham, North Carolina as a distributor of wallboard and related building products. Its current headquarters is in Wake Forest, North Carolina. Founded by Phil Ritchie, the legacy of this mid-Atlantic based premium distributor continues on its family roots and traditions with David Ritchie and John Kindt. The new leadership ushers in the next generation of family to keep growing and serving the many loyal customers and friends we have had for years.
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Friday, September 20, 2013
Leading Indicators Point Toward Further Growth
The Leading Economic Index (LEI) rose 0.7 percent in
August with nearly all components pointing toward continued growth. Financial
indicators were the biggest support, while permits were a negative.
The sole negative in today’s report stemmed from building permits. Permits fell in August on the heels of a decline in the volatile multifamily sector, but single-family permits point to the housing market continuing to recover after a slow summer.