Manufacturing industrial production expected to increase 6 percent in 2010.
Day: June 10, 2010
U.S. sales for Grainger were up 10 percent.
The release of our first annual MDM Market Leaders and Distribution Landscape Report last week was the result of several months of research. Throughout, we noticed some recurring themes. Last year changed every distribution company's paradigms, which historically have been about size and sales revenue growth. Anecdotally, very few distributors grew revenues last year.
Alamo Iron Works has emerged from Ch. 11 bankruptcy protection.
According to the MDM/Industrial Market Information MRO Market Analysis, the U.S. market size in 2009 for the 126 MRO industrial product groups is $xxx billion. (Some prior-year data available at www.mdm.com/databank are not directly comparable due to slight variations in product groups included, as well as recent updates to the U.S. government database.)
Estimates are based on data compiled by Industrial Market Information, Minneapolis, MN, and analyzed by MDM. Definitions for the 126 individual product categories used to estimate the market size are including the pdf that may be downloaded …
While the unemployment rate continues to hover at just under 10 percent, the fear that this recovery may be jobless appears to be subsiding a little. With the exception of April when it edged up slightly, the U.S. unemployment rate has held steady at 9.7 percent according to the U.S. Department of Labor Statistics.
While much of the positive news is related to temporary workers hired for …
News briefs from May 26 - June 10, 2010.
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First quarter net loss for the diversified wholesale distributor was $202 million.