ASA Distributor Member Strength Continues Through Second Quarter 2013
The growth rate is returning to the levels seen in late 2010 through the early parts of 2012.
In Q2 2013, the growing strength trend within American Supply Association distributor members continued. Q2 ‘13 per day quarterly revenues stood at 7.3% as compared to only 3.6% in Q2 of 2012. The growth rate is returning to the levels seen in late 2010 through the early parts of 2012. For June 2013, ASA distributors reported a 9.2% improvement in revenues vs. 2012. As compared to 2011, they are up 14.4% for the month and 14.7% for the quarter; vs. 2010, a 25.7% increase for the month and a 25.0% increase for the quarter; vs. 2009, a 29.3% increase for the month and 27.9% for the quarter; and as compared to 2008, up 8.1% for the month and 5.8% for the quarter.
Geographically, regional monthly revenues were divided as the Midwest showed positive 15.7% growth while the West came in at 4.9% growth. Distributors with less than $15 million in annual revenues came in at 13.3% per day growth while those with more than $125 million in annual revenue reported a positive 11.7% growth. Those in between were positive but considerably less. The industrial pipe, valves and fittings segment also showed a 2.4% revenue growth for 2013 and a 2.2% growth on a trailing 12-month basis. Meanwhile, the plumbing, heating and cooling distributors showed an 11.7% revenue growth for 2013 and a positive 5.1% on a rolling 12-month basis.