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Declines attributed to lower sales in motor vehicles and motor vehicle parts.
Kerry Shiba succeeds Richard J. Weller, who previously announced his retirement.
95 percent of contractors surveyed expect revenues to grow or remain stable over the next 12 months.
Capacity utilization declined slightly for the industrial sector.
The acquisition will expand U.S. Lumber's footprint in the Midwest.
Toby Thomann most recently served as vice president of sales at WAGO.
Prices decreased by 0.3 percent in the EU28.
Prices for final demand services up 0.1 percent in August.
The expansion aims to strengthen wholesale distributors as the channel of choice in HVACR.
U.S. cutting tool consumption down 8.4 percent from June.