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
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