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Meanwhile, about one-third reported decreased gross margins because of supplier price increases and other cost pressures.
The AMT said the U.S. west region saw monthly orders surge 60% from September.
Core inflation edged up 0.3% month-to-month and ended November up 4% from a year earlier.
Get caught up what MDM's November Premium content entailed.
Manufacturer Watts Water Technologies is expected to acquire drainage and plumbing product manufacturer Josam Company in January 2024.
It enhances ISCO’s high-density polyethylene offerings and strengthens its operational and logistics capacity.
MRO supply distributor Top Industrial Service & Supply joined the Power Transmission Distributors Association.
ESC is a 68-year-old distributor of low voltage, security products and monitoring station services.
QXO intends to rapidly scale as a key distribution market player, eyeing $5 billion in annual revenue within three years of launching.
In 2024, Amazon's fees will amount to an average increase of 15 cents per unit sold by third-party sellers on its platform.