PTDA Index rises
The PTDA Business Index reading for the fourth quarter of 2013 came in at 60, which is higher than the 52 reading of the third quarter index.
The survey participants were even more positive in their outlook for 2014. When surveyed in mid-2013 about the 2014 outlook, participants anticipated 5 percent growth. In the 4Q2013 survey conducted in January 2014, survey participants now anticipate 7 percent growth in 2014.
The entire 4Q13 PTDA Business Index report is available through PTDA’s website at www.ptda.org/index. It includes distributor and manufacturer breakout data in addition to historical data. Conducted jointly by PTDA and Cleveland Research Company, the PTDA Business Index was 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.
