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The decrease in real GDP in the first quarter reflected negative contributions from PCE, private inventory investment, nonresidential fixed investment and exports that were partly offset by positive contributions from residential fixed investment, federal government spending and state and local government spending.
These changes create president roles that will drive the business units for McNaughton-McKay Electric Company and The Reynolds Company, including Flow-Zone, the most recent acquisition.
Derek Bufkin is currently vice president, head of sales USA West for Henkels General Manufacturing & Maintenance
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The index shows eight weeks of double-digit average declines and five consecutive weeks with declines in the mid-teens.
Caldwell Hart will be responsible for strategic procurement, operational purchasing and related services, reporting directly to Jayne Millard, chairman and co-CEO, and Kathleen Shanahan, co-CEO of the electrical and industrial distributor.
