Distribution a fast-growing part of U.S. economy, study says.
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."
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|Publication:||Modern Brewery Age|
|Article Type:||Brief Article|
|Date:||Sep 15, 2003|
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