Real U.S. GDP Up 33.1% in 3Q According to Advance Estimate
In the second quarter of 2020, when COVID-19 was decimating the U.S. economy, real GDP decreased 31.4%.
October 29, 2020
United Rentals 3Q Sales Down 12.1%
United Rentals also reported that sales for the first nine months of 2020 fell 9.3% compared to the same period of 2019.
BlueLinx Sales Up 28.3% in 3Q
Building materials distributor BlueLinx Holdings also reported a profit of $55.1 million for the quarter.
Avnet Sales Up 2% in Fiscal 1Q
Phoenix-based electronics distribution giant Avnet reports a loss of $18.9 million in the fiscal first quarter.
IRCG Weekly Pandemic Revenue Index Shows 6.8% Increase
Excluding an outlier, the overall sales change is still positive but at 1.3%.
Arrow Electronics’ 3Q Sales Up 2%
Arrow reports that global sales of electronic components and solutions increased 5% to 5.3 billion.
Lawson Products’ Sales Down 4.7% in 3Q
For the first nine months of 2020, sales at the Chicago-based MRO distributor Lawson Products slipped 10.2%.
