Most recent estimate from the BEA is a higher growth rate than previously reported.
November 29, 2012
Decline is the result of lower prices for petroleum and coal products.
Sales in the fourth quarter were 3.9 percent above the prior-year period.
Vinnie Vellucci will retire after nearly 44 years with Arrow.
Acquisition enhances offerings to customers in the U.K. and Europe.
Profit fell 8.3 percent from the prior-year period.