Strong growth in PT industry
The PTDA Business Index for 2Q2014 indicates strong growth in both business activity and new orders.
From 1Q2014 to 2Q2014, business activity increased 12.7% (from 67.7 to 76.3) and new orders improved 14.5% (from 67.7 to 77.5).
This quarterly survey of PTDA’s distributor and manufacturer members continues to point to growth, with the 2Q2014 Business Index at 68.7, up from the 1Q2014 reading of 63.6. However, when asked about their outlook for the entire year, survey participants’ expectations remained the same from the previous quarter at 6% growth.
The index reading indicates the rate of change compared with the previous period. For example, a reading of 50 indicates no change from the prior period while readings above 50 indicate growth and below 50 indicate contraction. The further the index is above or below 50 suggests a faster or slower rate of change.
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.
