Posts By MDM Staff
Index improved in December to 113.7, from 109.4 in November.
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Coincident Economic Index up 0.1 percent and Lagging Economic Index up 0.3 percent.
Higher sales in the building material and supplies contributed to the increase.
The index's three-month moving average, CFNAI-MA3, increased during the month.
Increase due to positive contributions from host of areas, including personal consumption expenditures.
Field sales reps are quickly losing their "differentiating value."
Cadence will become part of the specialty intermediates division.
Industrial outlook projects no more than 2 percent annual growth in U.S. GDP through 2020.
Distributor Index decreases to 53.5 and Manufacturer Index decreases to 61.4.
Acquisition expands Caster Concepts' manufacturing capabilities.
Investment in single-family dwellings led the increase.
Lynwood Capital buys Denver, CO-based O-ring and seals distributor.
Fourth-quarter sales decreased 4 percent from 2015.
