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In The News:

Economic Trends

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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November U.S. Exports, Imports Decrease

Goods and services deficit decreased year-over-year in November.
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Canadian Building Permits Increase 6% in December

The gain was largely due to higher construction intentions for multi-family dwellings and commercial buildings, with both components hitting record highs.
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November Sales for Wholesale Trade Decrease 0.6% From October

Sales increased 4 percent from the same month last year.
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Economic Activity in the Manufacturing Sector Expands in January

The overall economy grew for the 117th consecutive month.
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