Printer Friendly

Distribution a fast-growing part of U.S. economy, study says.

U.S. wholesale distribution companies have a bright economic outlook according to a new report by Pembroke Consulting Inc. and The report was compiled for the National Association of Wholesaler-Distributors (NAW) titled NAW 2004 Economic Forecast. (To order, please or call 202-872-0885.)

In 2004, overall revenues for wholesaler-distributors across 18 industries are forecast to rise 5.6 percent, outpacing next year's projected U.S. 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.

"Over the last 10 years, the wholesale distribution industry has accounted for one-quarter of the total productivity improvements in the U.S. economy," said Pembroke Consulting President Adam J. Fein, Ph.D. "Our new report shows further productivity gains ahead for the industry and the U.S. economy as a whole."
COPYRIGHT 2003 Business Journals, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Modern Brewery Age
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 15, 2003
Previous Article:Former brewpub owner Kirby Shyer.
Next Article:Interbrew says Euro beer sales still weak.

Related Articles
The wood products industry: an integral part of regional economics.
Surveillance sales hard to bear?
Transportation Bottlenecks Shape U.S.-Mexico Food & Agricultural Trade.
U.S. wholesale distribution sector primed for more growth.
Analyst expects U.S. and European Bakery and cereal sales to increase.
Article summary.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters