Some distributors are already experiencing solid growth, while others are looking at minimal growth if any
U.S. economy reports are improving as the stock market continues its record-breaking trend. The upward climb is not something that has economists celebrating the end of the recession, but current trends are showing a pattern of slow but deliberate growth. Not all sectors of the supply chain are feeling this growth quite yet. Consumer confidence helps improve the contractor’s business and it trickles into the distributorship. Depending on regional dynamics, some distributors are already experiencing solid growth, while others are looking at minimal growth if any.
Across the economy there is a lot of business on the drawing board that people want to do but they are having trouble closing the deal for whatever reason,” said Steve Tusa, CFA, analyst at J.P. Morgan. “While they are seeing growth in the indicators, they are not seeing it in their orders yet.”