March 18, 2008 - Modern Distribution Management

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March 18, 2008

Wholesale Prices Rise 0.3% in February

 

Wholesale prices rose 0.3 percent in February, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This increase followed a 1.0-percent advance in January and a 0.3-percent decline in December. At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 0.8 percent in February subsequent to a 1.4-percent advance in January, and the crude goods index rose 3.7 percent after climbing 2.5 percent in the prior month.

Within finished goods, the index for energy goods increased 0.8 percent in February compared with a 1.5-percent gain in the previous month. Prices for consumer foods declined 0.5 percent following a 1.7-percent rise in January. By contrast, ...

Wholesale Prices Rise 0.3% in February Read More »

Illinois Tool Works Sales Up 13.8%

Illinois Tool Works Inc.  reported operating revenues went up 13.8% for the three months ended Feb. 29, 2008, due to contributions from acquisitions.

 
By segment:
Industrial Packaging:  +11.9%
Power Systems and Electronics: 6.1%
Transportation:  +13.0%
Construction Products: +2.2%
Food Equipment: +43.2%
Polymers and Fluids: +35.6%
Decorative Surfaces: +13.8%
All Other: +7.7%

For more details, click here.

ITW is a $16.2 billion diversified manufacturer.

Illinois Tool Works Sales Up 13.8% Read More »

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