Index points to slight increase in economic growth during the month.
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All eight major components rose year over year in October.
Housing starts fell 0.6 percent compared to September, according to U.S. Census Bureau data.
Sales increased in 8 of 21 industries, led by higher sales in the transportation equipment industry.
The Conference Board says worldwide economy will remain strong in 2019, but growth is showing signs of peaking.
Even with the United States 10 percent tariff on $200 billion worth of Chinese goods set to rise to 25 percent Jan. 1, 2019, industry watchers and executives have yet to see a significant impact on bottom lines for distributors. Companies are addressing the Trump administrations indefinite timetable for the levies by adjusting business practices to make up for losses using a variety of tactics many expect will allow business to remain stable through at least the first half of the new year.
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Octobers rise is the largest jump in six years.
Express, Ground and Freight rates to rise January 7, transport and logistics provider says.
How B2B distributors can challenge Amazon at its own game.
Manufacturing growth slows in October; demand remains strong, ISM says.
Amazon Business has B2B competitors worried.
AD member U.S. sales up 10 percent for first nine months of year.
Acquired company is a manufacturer of ball bearings.
Robert W. Baird & Co., in partnership with Modern Distribution Management, conducted a survey of more than 500 distributors and manufacturers to gauge business trends and the outlook for the distribution industry in diverse sectors. Here are the latest indicators on revenue and pricing based on third-quarter results and distributor and manufacturer expectations for fourth-quarter 2018 and 2019.
This article includes:
- Sector Performance
- Analytics Adoption in Distribution
- Pricing
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Strong growth reported in virtually all sectors.
Net earnings increased 78 percent over prior-year period.
Index points to a moderation in economic growth in September.
