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That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
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We break down the latest key figures out of the Census Bureau’s November report that showed a solid monthly rebound in factory orders - largely driven by nondefense aircraft.
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October negated most of September's decline and was the fourth gain in the past five months.
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One manufacturer said the overall rise in prices for carbide and HSS-based products has become more apparent.
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It follows the company's opening of a large DC near Fort Worth in early 2025.
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Following a $1.2 equity commitment announced a week earlier, the financing suggests QXO expects to land its second acquisition soon.
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November orders were nearly 26% above the typical level for the month and had the largest three-month cumulative order value since May 2022.
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We break down the latest key industry figures, including a new look at year-to-date vs. year-over-year look at wholesale sales by NAICS product category.
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