Industrial Distributors Experience 5.9% Growth in 2nd Quarter 2018

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According to the MDM/Baird Industrial Distribution Survey, independent industrial distributors experienced 5.9% growth (excluding acquisitions) in the 2nd quarter of 2018.  This exceeded the 5.0% forecast from last quarter.

Additionally, pricing accelerated by 2.7%, which reflected both normal and tariff-related increases. 

Survey respondents foretasted revenue growth of 5.2% for the 3rd quarter.

For more survey details, click here.