PHILADELPHIA — U.S. wholesale distribution companies have a bright economic outlook for 2004, according to a new report by Pembroke Consulting and Economy.com prepared for the National Association of Wholesaler-Distributors (NAW) titled NAW 2004 Economic Forecast.
In 2004, overall revenues for wholesaler-distributors across 18 industries are forecast to rise 5.6 percent, outpacing next year's projected U.S. gross domestic product (GDP) growth of 3.8 percent. Employment in wholesale distribution is slated to rise 1.4 percent, slightly ahead of the projected national average employment growth of 1.2 percent.