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The acquisition expands TestEquity's offering of Test & Measurement Equipment and eMRO Tools & Supplies.
The index's three-month moving average, CFNAI-MA3, increased during the month.
Give customers what they want by shifting away from just product sales.
Annualized growth through April is 8.5 percent.
Overall growth in real GDP slowed in the first quarter from the fourth quarter of 2016.