The company reported daily sales up 6.1% versus a year ago.
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Investing in new technology may not always be the answer to disruption.
The unemployment rate held at 3.7% in July.
Year-to-date, the goods and services deficit increased 7.9% from the same period in 2018.
Profit for the quarter was $477 million compared to a loss of $80 million in 2019.
Manufacturer reports a loss of $4.4 million for the quarter.
For the first nine months, sales were $133.9 billion, up 7.5% year-over-year.
The July PMI registered 51.2%, a decrease of 0.5% from the June reading of 51.7%.
Member sales, across 12 AD divisions in 9 industries, totaling $23 billion through the first six months of the year.
Ohio Congressman Tim Ryan said that he would create the federal government position to work with the private sector, investors and emerging tech companies.
Peirce-Phelps will operate as a separate business of Carrier Enterprise, a joint venture between Watsco and Carrier Corp.
The increase was primarily driven by the benefit of acquisitions and organic growth in the Process Industries segment.
Annualized growth through June was 9%.
The acquisitions will expand Fergusons reach in Florida and Texas.
In July, the company agreed to acquire privately held Coperion Capital GmbH.
The company announced the sale of its distribution segment during the second quarter.
For the first six months, total group sales were up 3.7% to 6.8 billion (US$7.6 billion).