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Breaking news in Wholesale Distribution
Latest acquisition gives roofing distributor five branches in California.
The price index for gross domestic purchases increased 2.5 percent.
Annualized growth through May is 9.4 percent.
Acquisitions aims to expand leadership in market-specific ERP for wholesale distribution.
Index up in June to 118.9, up from 117.6 in May.
Acquisition aims to accelerate MFGs growth in adjacent chemistries and new markets.
Former HD Supply executive Steven Margolius takes top role at distributor.
The index's three-month moving average, CFNAI-MA3, decreased during the month.