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The decrease, down following two consecutive monthly increases, followed a 0.8% June increase.
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The Chicago Fed National Activity Index (CFNAI) was +0.53 in July, up from –0.01 in June.
Industrial and MRO distributor brings on merchandising, product development and sourcing veteran.
Keatley’s promotion followed the planned retirement of Adrian Blocker, who will stay on through mid-October to serve as a senior advisor.
The expansion of the relationship between Wajax and Hitachi is expected to strengthen the competitive positioning of both companies in the Canadian construction and mining markets.
