U.S. Services Sector Shows No Growth The U.S. services sector, a critical engine of the economy, showed no growth in July, raising concerns about the strength of consumer demand and business momentum. For months, services—from restaurants and hotels to healthcare and transportation—have been driving the recovery, while manufacturing has slowed. However, with the latest data…
A significant development for federal contractor compliance, the Office of Federal Contract Compliance Programs (OFCCP) has canceled its planned reduction in force. This decision ensures the continuity of critical oversight and represents a major commitment to upholding federal contractor compliance standards. The National Council of Field Labor Locals has confirmed that employees previously slated for…
Amphenol Corp. will acquire Boston-based Trexon in a $1 billion cash deal, strengthening its defense and harsh environment interconnect portfolio. The acquisition is expected to close in Q4 2025, adding about $290 million in annual sales and boosting earnings in the first year. WALLINGFORD, Conn. – Amphenol Corp. (NYSE: APH) announced Monday it has entered…
The U.S. housing market, which has been red-hot for several years, is showing clear signs of cooling. Recent data from Realtor.com, Zillow, and RE/MAX suggest that inventory is rising, price growth is slowing, and buyers are finding more room to negotiate. After years of pandemic-era frenzied demand, the market appears to be shifting toward balance,…
Government contracting can feel like walking across a field full of hidden explosives. One wrong step — a missed deadline, a misfiled document, a cybersecurity oversight — and boom, you’re dealing with penalties, audits, or worse, losing the contract you worked so hard to win. The good news? With the right systems, a sharp eye…
A Surge in Consumer Confidence After a stretch of sluggish sales and cautious spending, U.S. retail is back in the spotlight with a strong rebound that’s boosting optimism for the broader economy. The latest figures indicate a significant increase in retail sales across multiple categories, including clothing, electronics, home goods, and dining. Analysts credit this…
PartnerOne Gives MonsterGov a “Forever Home” PartnerOne, which is a holding company that’s been quietly and sometimes not-so-quietly buying enterprise software businesses since 1996 has acquired Monster Government Solutions (MonsterGov), the public-sector arm of Monster. On the surface, it’s just another acquisition. In reality, it’s a strong signal that PartnerOne sees major opportunity in the…
It was a stellar debut for Firefly Aerospace on NASDAQ. Proving once again that the defense industrial base is a hot ticket for investors! The company’s upsized initial public offering was a gravity-defying success, pulling in a cool $868 million and rocketing its valuation to an estimated $8.5 billion. Firefly, the launch and space systems…
The federal procurement market is entering a new phase with the launch of the General Services Administration’s (GSA) OneGov Strategy. This initiative aims to centralize purchasing for common goods and services, cut costs, and make acquisition more efficient across agencies. For contractors, it represents both a challenge and a significant opportunity — particularly for those…
A Sudden Shakeup in 8(a):House Democrat Pushes Back on SBA’s Move to Strip USAID of Contracting Authorityy. In a move that’s reverberating far beyond one agency, the Small Business Administration (SBA) has pulled the plug on USAID’s 8(a) contracting authority and not everyone in Washington is applauding. Leading the charge in opposition is Rep. Nydia…