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PTDA's 2Q2015 Report predicts slowing growth rate.

2015-11-23 14:31:08| Industrial Newsroom - All News for Today

Developed in conjunction with ITR Economics, PTDA's quarterly Sales History & Outlook Report shows power transmission/motion control distributor sales moving counter cyclically to leading industrial indicators, with growth rate up 11.7% from one year ago. However, rate of growth is forecasted to slow in near term. PT/MC manufacturer sales shows slower growth in second quarter of 2015, with growth rate index down 10.6% from second quarter 2014.

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Category:Industrial Goods and Services

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