Economic Outlook Is Bright For Wholesale Distribution Companies
U.S. wholesale distribution companies have a bright economic outlook, according to a new report by Pembroke Consulting and Economy.com for the National Association of Wholesaler-Distributors (NAW) titled NAW 2004 Economic Forecast. (To order this report, visit www.nawpubs.org or call 202-872-0885.)
In 2004, overall revenues for wholesaler-distributors across 18 industries are forecast to rise 5.6%, outpacing next year’s projected U.S. GDP growth of 3.8%. Employment in wholesale distribution is slated to rise 1.4%, slightly ahead of the projected national average employment growth of 1.2%.