3/23/2012 5:58:00 PM
NEWS BRIEFS
NFDA: U.S. Economic Conditions Continue Positive Trend

U.S. macroeconomic conditions remain positive in the first quarter of 2012, according to the National Fastener Distributors Association.

“While the rate of growth has slowed over the past 10 months, indicators point to ongoing economic expansion for the next two years,” the NFDA said in its February 2012 Economic Outlook report.

U.S. industrial production is 4% above last year and rising (12MMA basis). “The Total Industry Capacity Utilization Rate in January came in at 78.6%, 1.7 percentage points above last year, indicating less machinery is sitting idle,” the NFDA found in its 24-page report. 

“This is good news for ongoing growth in the US economy through the next two years.”

The full report is available to association members. ©2012 GlobalFastenerNews.com

U.S. macroeconomic conditions remain positive in the first quarter of 2012, according to the National Fastener Distributors Association.
 

“While the rate of growth has slowed over the past 10 months, indicators point to ongoing economic expansion for the next two years,” the NFDA said in its February 2012 Economic Outlook report.
 

U.S. industrial production is 4% above last year and rising (12MMA basis).

“The Total Industry Capacity Utilization Rate in January came in at 78.6%, 1.7 percentage points above last year, indicating less machinery is sitting idle,” the NFDA found in its 24-page report. 
 

“This is good news for ongoing growth in the US economy through the next two years.”
 

The full report is available to association members. ©2012 GlobalFastenerNews.com

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Related Links:

• NFDA