Posts By MDM Staff
Acquisitions are the first for Sterling's new construction distribution platform.
New technology can enhance distributors' channel relationships.
Manufactured durable goods new orders down 0.3 percent.
Production in the construction sector down 1.3 percent in EA19, 1.1 percent in EU28.
New locations in Washington, New Jersey and Pennsylvania.
PMI up 0.4 percent from September, and overall economy grew.
Construction spending down 0.4 percent from August.
Raw materials price index fell 0.1 percent after declining 0.7 percent in August.
During the quarter, the company closed the sale of Whitegate Refinery.
The price index for gross domestic purchases increased 1.6 percent.
Excluding transportation, new orders increased 0.7 percent.
For the first nine months, sales were down 9.3 percent year-over-year.
Manufacturing sales decline for the first time since 2009.
Year-to-date sales down 10.9 percent compared to same period in 2015.
Next generation of workers might look elsewhere if they run out of skills to master.
