U.S. distributors’overall sales of PT/MC products fell 1.4 percent in August 2008 compared to July 2008, according to the latest month-end trend report from the Power Transmission Distributors Association. When matched up against sales in the same month last year, sales in August 2008 were also down by 1.2 percent.
Accounts receivable collection days increased 1.8 percent since July 2008. The confidence index of U.S. distributors for August rose 0.2 points to 5.6 (on a 10-point scale).
Canadian distributors reported an 11.4 percent loss in sales in August 2008 compared to July 2008. Sales over the same period last year were down 7.0 percent. Accounts receivable collection days rose dramatically, by 11.4 percent compared to July 2008. In August 2008, the …
U.S. PT/MC Distributor Sales Fall 1.4% in August
U.S. distributors’overall sales of PT/MC products fell 1.4 percent in August 2008 compared to July 2008, according to the latest month-end trend report from the Power Transmission Distributors Association. When matched up against sales in the same month last year, sales in August 2008 were also down by 1.2 percent.
Accounts receivable collection days increased 1.8 percent since July 2008. The confidence index of U.S. distributors for August rose 0.2 points to 5.6 (on a 10-point scale).
Canadian distributors reported an 11.4 percent loss in sales in August 2008 compared to July 2008. Sales over the same period last year were down 7.0 percent. Accounts receivable collection days rose dramatically, by 11.4 percent compared to July 2008. In August 2008, the …
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