HARDI’s monthly TRENDS report shows average sales for HARDI distributor members increased by 19.4% in May. The average annualized growth for the 12 months through April 2017 is 9.4%.
“The good report reflects the healthy underlying market fundamentals,” HARDI Market Research & Benchmarking Analyst Brian Loftus said. “The growth rate received an added boost from one extra billing day. The estimated growth rate with the same number of billing days would be in the mid-teens. The busy May was helped by warmer temperatures and very easy comparison vs. the prior year for several of our regions.”