Pace of growth slows for ISA members
The February ISA Economic Indicator Report (EIR) from the Industrial Supply Association indicated that growth slowed in January for both Manufacturers and Distributors.
The ISA Manufacturer Index decreased from 61.3 in December to 58.9 in January, while the ISA Distributor Index fell from 66.6 in December to 57.8.
“While both Indexes decreased for the month, comments from members reflect an overall positive attitude about business conditions,” said Bryon Shafer, general manager of ASG Industrial and chair of ISA’s Strategic Information Committee. “While lower than the previous month, the Anticipated Business Conditions Index and the Anticipated New Orders Index remain in positive territory, which suggests continued confidence in the economy among distributors and manufacturers.”
For each index, a reading above 50% indicates expansion, while a reading below 50% indicates contraction. The Indexes have been above 50% since December 2012.
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.
