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The monthly decrease was driven predominantly by transportation equipment, following an increase in November.
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The report showed that November was also down considerably year-over-year.
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It was a large rebound from October, buoyed by activity coming out of the annual IMTS show.
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Fastenal announced that its CFO is resigning, with no issues related to the company’s operations or financial reporting.
Release Date: January 2025
MDM conducted research in the Summer of 2024 that was driven by a survey that polled family-owned distributors. This report presents the results of the 129 respondents who identified as representing a family-owned distributorship. Alongside quantitative polling, we also collected plenty of interesting commentary.
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Government data showed flat November spending following three consecutive monthly increases.
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It marks NEFCO’s fifth acquisition of 2024 and its second-largest acquisition to date.
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