The change represents a 6.9 percent gain in the ETI compared to a year ago.
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Orders rose 22 percent year-over-year.
Distributors are taking differing approaches to pricing product and planning for the future in the wake of ongoing tariffs on Chinese goods.
This article includes:
- Inventory Shortages and Stocking Plans
- Issues in China
- Passing Costs on to the End Consumer
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At the end of 2017, MDM published an article, Top Trends for 2018, that outlined the key trends distributors would have to manage in 2018. Heres an update on that forecast.
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Overall employment grew 201,000 in August, with the unemployment rate remained unchanged at 3.9 percent.
At 61.3 percent, PMI reaches highest level since May 2004.
Goods and services deficit up year-over-year.
Annualized growth through July is 7.6 percent.
The Conference Board Index reaches highest level since October 2000.
Second estimate increased 0.1 percent from the advanced estimate.
Index points to a moderation in growth compared with June, as CFNAI declines from 0.48 to 0.13 month-over-month.
Dodge Data & Analytics reports 9 percent decline in new construction starts, to a seasonally adjusted $817.4 billion.
U.S. economy will continue to expand in second half of 2018.
All eight major components rose year over year in July.
U.S. industrial output rose 0.1 percent from June to July; up 4 percent year-over year.
Implications for distributors and three steps Harley-Davidson should take now.
Orders rise 5 percent year-over-year; Northeast shows strength in power generation, aerospace activity.
Third-quarter earnings reports should tell a more complete story for how tariffs are impacting exporter performance.
This article includes:
- ISM Survey Highlights
- Tariff Impact
- What Purchasing Executives Are Saying: July 2018
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