Posted June 25, 2018
Economic growth slowed in May
The Chicago Fed National Activity Index fell to –0.15 in May from +0.42 in April.
Production-related indicators contributed –0.29 to the index in May, down from +0.33 in April. Manufacturing industrial production decreased 0.7 percent in May after increasing 0.6 percent in April.
In contrast, the sales, orders, and inventories category made a contribution of +0.05 in May, up from a neutral contribution in April.
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.
