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In The News:

Economic Trends

HARDI Distributors Report 4.4% Sales Increase in January

Annualized growth through January was 10.4%.
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Chicago Fed National Index was Down in January

The CFNAI Diffusion Index decreased slightly to +0.09 during the month.
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The Conference Board: U.S. LEI Down Slightly

Group forecasts decelerating GDP growth by the end of 2019.
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GDP by Industry Statistics: Real GDP Up 3.4% in Third Quarter

Wholesale trade, information, and finance and insurance were the leading contributors to the increase in U.S. economic growth in the third quarter of 2018.
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PTDA’s Industry Research Reports Growth in 4Q18

The PTDA Manufacturer Index annual average was up 7.3 percent year over year in December.
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HARDI Distributors Report 3.6% Sales Increase in December

Annualized growth through December was 11.4 percent.
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Canadian Manufacturing Activity Down in December

From 2017 to 2018, sales in the Canadian manufacturing sector rose 5.4 percent.
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Manufacturing Technology Orders Up in 2018

Orders for machine tools and related equipment rise 19 percent year-over-year, but December shows monthly decline.
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Shutdown Ends, Federal Business Questions Remain

Despite some ongoing issues, distributors with government contracts quickly resume operations
Does the U.S. government owe contractors back interest on late payments? Should federal client relationships be reconsidered? Distributors are asking these questions and more in the wake of the longest federal government shutdown in history. ...
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Bolstering Federal Government Business Amid Shutdown Uncertainty

Now is the time for distributors with federal government contracts to check in with clients, update databases and re-evaluate sales strategies.
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