A mid-year business conditions survey by the North Central Wholesalers Association (NCWA) reveal the first sales increases in a long time for distributors in that beleaguered region of the country.
mid-year business conditions survey by the North Central Wholesalers
Association (NCWA) reveals the first sales increases in a long time for
distributors in that beleaguered region of the country. NCWA members responding
to the survey reported June sales increased an average of 8.4% (median 8.0%),
boosting the cumulative six-month tally to an average gain of 2.4% (median
0.5%). Though modest, the survey results bring a welcome respite from
continuing declines for NCWA distributors.
the 32 members reporting, 26 reported sales increases in June versus only 6
with declines compared with June 2009. Gains were realized in June by supply
houses in all reporting states of the region, including Ohio
(6.7% average increase), Indiana (8.8%) and
even notoriously hard-hit Michigan
numbers still show sales in negative percentages over the last 12 months
compared year-to-year, but those figures will eventually turn positive if sales
continue to grow in the months ahead.
more details, read NCWA’s June business report in pdf form below.
Sales Finally Light Up For NCWA Distributors
July 13, 2010