The deal strengthens Motion’s ability to compete – particularly for wallet share – against other broadline industrial product distributors.
Privately‐owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,712,000.
The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,709.1 billion.
Estimates of U.S. retail and food services sales for November were $639.8 billion, an 18.2% increase over the same period in 2020.
The U.S. Bureau of Labor Statistics says wholesale prices in November were up 9.6% from a year ago, the biggest 12-month jump since 2010.
The Census Bureau says seasonally adjusted after-tax profits in the third quarter of 2021 totaled $254.6 billion.
Sales of wholesale merchants in October were up 22.2% from last year, according to data released by the U.S. Census Bureau.
The November seasonally adjusted Fastener Distributor Index of 57.6 was driven primarily by ‘better seasonally adjusted selling momentum.’
The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, according to a new report.
Bill Mansfield, Graybar’s SVP of strategy and business development, reflects on the company’s acquisition strategy, as well as the long- and short-term ways COVID-19 has affected business operations.
The industry added 31,000 net jobs in November, according to an Associated Builders and Contractors analysis of U.S. labor data.
The overall economy grew again as the manufacturing PMI registered 61.1%, according to the Manufacturing ISM Report on Business.
