Hurricanes Harvey and Irma were partly to blame for the September slump, with housing starts down 9.3% in the storm-ravaged South.
The acquisitions will complement Aramark’s 2016 buy of group-purchasing firm HPSI and significantly increase its uniform business.
Even though it can make certain metrics look better, merely letting assets depreciate isn't enough to sustain growth.
The recent mini-surge in consumer prices may ease as oil refineries resume normal service after the disruptions of Hurricane Harvey.
The deal may help clear the way for European authorities to approve Bayer's acquisition of Monsanto early next year.
Companies can leverage their involvement in infrastructure development to raise resiliency standards.
The company sees growth in providing "edge" computing power for devices ranging from thermostats to connected cars.
"No doubt we are in a transformational period of history. Our future is looking more digital," says CEO Doug McMillon.
The company's aerospace unit will remain in its portfolio despite pressure from activist investors to spin it off.
However, its projection for economic growth in the United States this year remains modest, at 2.2%.