PTDA Index shows slowing growth
The PTDA Business Index for the fourth quarter of 2015 indicates slowing but continued positive growth.
However, manufacturers reported more positive growth in new orders, employment, supplier deliveries and inventories for 4Q2014 than distributors, a notable change from 2Q and 3Q 2014. Despite this upward swing, the overall 4Q2014 PTDA Business Index reading of 66.5 was slightly lower than the previous quarter's reading of 67.5. Both distributors and manufacturers anticipate 2015 to be another year of positive growth.
The entire 4Q2014 PTDA Business Index report is available through PTDA’s website at ptda.org/index. It includes distributor and manufacturer breakout data in addition to historical data. The PTDA Business Index is modeled after the widely respected Purchasing Managers Index and tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices and backlog in the PT/MC industry to arrive at an overall index.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
