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Breaking news in Wholesale Distribution
Sales of durable goods up 0.7 percent from last July.
Acquisition increases company's presence in Midwestern U.S.
Most of 12 districts report moderate economic growth pace.
Oil and gas extraction was the main source of the decline.
Advance was largely the result of higher construction intentions for institutional and industrial buildings.
Index up 0.8 percent year-over-year.
Year-to-date sales decreased 4.9 percent year-over-year.
Acquisition further strengthens company's global footprint.
Manufactured durable goods new orders up 4.4 percent.
