Raw materials price index increased 3.8 percent due to higher prices for crude energy products.
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The most recent showroom was opened in Piscataway, NJ.
Index remains at 17-year high.
Fourth-quarter sales decreased 1.1 percent year-over-year.
Company also completes previously announced acquisition of Hedis.
Amazon has rapidly built the competencies needed to master B2B distribution the way it mastered the online bookstore. This article, the second in a three-part series, looks at the rise of Amazon Business formerly AmazonSupply and why it presents a clear threat to todays distributor.
This article includes:
- An increasingly digital market
- Amazons customer obsession
- Whats next?
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Amazon Business is bringing a new distribution model to bear.
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The new facility is expected to be on-stream in 2019.
This decrease follows a 2.2 percent September increase, according to the advance report.
Real GDP by state growth ranged from 8.3 percent in North Dakota to -0.7 percent in Iowa.
The index's three-month moving average, CFNAI-MA3, increased 0.28 during the month.
Spending on single-family homes led the increase.
Sales were up in four of the eight subsectors.
The Coincident Economic Index increased 0.3 percent.
PTDA Business Index down to 65.1 in quarter.
Fourth quarter sales increased 9.8 percent.
Company's year-to-date sales increase 4.6 percent.
The increase is attributed to higher sales in the petroleum and coal product industry.
Manufacturing increased 1.3 percent for the month.