8 Third-Quarter Economic Indicators Impacting Distribution
Mixed signals mark third-quarter financial and economic indicators impacting distribution, such as LEI, industrial production and PPI.
November 17, 2021
Motion Names New VP
MRO distributor announces that John Watwood has been promoted to vice president of operations integration, effective immediately.
ABC Supply Adds Texas Location
The distributor of roofing, siding and exterior building products opened a new location at 101 N. Robert C Lanier Drive in Baytown, Texas.
Lowe’s 3Q Sales and Earnings Up
The company reported 2021 3Q net earnings of $1.9 billion and sales of $22.9 billion, according to the latest earnings announcement.
Home Depot 3Q Sales Increase
The home improvement retailer reported 2021 3Q sales of $36.8 billion, an increase of $3.3 billion, or 9.8% from the same period last year.
New Residential Construction Rises
Privately‐owned housing units authorized by building permits in October 2021 were 4% above the prior month’s rate and 3.4% above the October 2020 rate.
