1/7/2013 1:35:00 PM
HEADLINES
STAFDA Distributor Q3 Sales Up 5.7%

Distributors participating in the third quarter Trend Report averaged 5.7% sales growth.

That was down from double-digit sales growth in Q2 in the quarterly survey of Specialty Tools & Fasteners Distributors Association members.

The Southeast led the Q3 sales gain at 24.9%; followed by the Pacific region sales at 16.2%; and the Northwest at 10.3%.

The Rocky Mountain region slipped 6.5% and Mid-Atlantic 5.4%.

Construction starts rose 5% for the first nine months of 2012, according to McGraw-Hill Construction.  Nonbuilding construction such as public works and electric utilities rose when nonresidential and residential building slowed.

For more information contact STAFDA. Tel: 800 352-2981. Web: stafda.org ©2013 GlobalFastenerNews.com

Related Links:

• Specialty Tools & Fasteners Distributors Association