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Breaking news in Wholesale Distribution
Most of 12 districts report modest to moderate economic growth.
Too much focus on fear can keep distributors from making critical decisions.
Increase due to higher sales of food, primary metal, and petroleum and coal products.
Privately owned housing starts down 9 percent compared with August.
Quarterly decline was a result of lower spending on commercial and industrial building construction.
For the first nine months, sales increased 6.6 percent year-over-year.
Distributor Index decreases to 57.1 and Manufacturer Index increases to 64.9.
Purchase expands company's presence in the Midwest.