Economic growth moderates in July
Led by slower growth in production-related indicators, the Chicago Fed National Activity Index declined to +0.13 in July from +0.48 in June.
The contribution from production-related indicators to the index declined to +0.05 in July from +0.45 in June. Total industrial production edged up 0.1 percent in July after rising 1.0 percent in June. The sales, orders, and inventories category made a contribution of +0.03 to the CFNAI in July, down slightly from +0.06 in June.
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.
