Need Help? (888) 742-5060

In The News:

U.S. GDP Up 4%

Real Gross Domestic Product increased 4.1 percent in the second quarter, according to the advance estimate from the Bureau of Economic Analysis. This compares to 2.2 percent growth in the first quarter, and marks the largest gain in GDP growth since 2014.

The growth reflected positive contributions from personal consumption expenditures, exports, nonresidential fixed investment, federal government spending, and state and local government spending that were partly offset by negative contributions from private inventory investment and residential fixed investment, BEA data showed. Imports, a subtraction in the calculation of GDP, increased.

The BEA will release its second estimate for the second quarter, based on more complete data, on August 29.


© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center