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Breaking news in Wholesale Distribution
Acquisition expands company's position in municipal flood control and water management markets.
Traditional rebate model based on reactivity may not be enough.
PMI down 3.2 percent from July, and overall economy grew.
Construction spending up 1.5 percent from June.
Index is at the "highest level in nearly a year."
Raw materials price index fell 2.7 percent, led by lower prices for crude energy products.
Distributor Index decreased to 44.9 and Manufacturer Index decreased to 48.6.
PTDA Business Index down slightly to 50.4 in quarter.
Increase due to positive contributions from personal consumption expenditures and exports.