ISA members see growth
Economic expansion continues for ISA members, according to the August ISA Economic Indicator Report (EIR) from the Industrial Supply Association.
However, the Manufacturer and Distributor Indexes moved in opposite directions for the third straight month.
“The ISA Manufacturer Index rose from 61.5% in June to 61.8% in July, while the Distributor Index decreased from 68.6% in June to 63.6% this month,” said Bryon Shafer, general manager of ASG Industrial and chair of ISA’s Strategic Information Committee.
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.
“The Anticipated Business Conditions Index and the Anticipated New Orders Index show that manufacturers expect the expansion to continue, but at a somewhat slower pace,” Shafer said.
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.
