3/5/2011 1:08:00 AM
NEWS BRIEFS
STAFDA Distributors Report Q4 Sales Rise 10.4%

Fourth quarter sales rose an average of 10.4% and all of 2010 sales were up 5.5% for distributors participating in the Specialty Tools & Fasteners Distributors Association Trend Report.

 

• Q1 will be slightly down an average of a half percent, according to the  STAFDA distributors’ forecast.  Six of nine U.S. regions forecast sales will be down 1.9% to 9.8%.  In contrast, the Midwest expects an average 7.9% first quarter sales gain vs. 2010 Q4.

 

• Sales for 2010 increased for all regions except the Pacific states where sales were down an average of 4.7%.

The Mid-Atlantic region rebounded best at 12.5% and at 10.9% the South Central region also reached double-digit increase.

Distributors participating in the survey averaged $12.3 million in annualized sales.  ©2011 GlobalFastenerNews.com

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Related Links:

• STAFDA