01-09-2014 at 12:12 PMCategory: UncategorizedKEY TAKEAWAY December illustrated the same direction-less behavior we have seen through much of 2013, finishing at 50.0 on the nose, suggesting neither growth nor contraction in the period. December has a number of headwinds – notably difficult holiday timing and poor weather which has carried into January – that could well be affecting the result. But regardless of the source, we believe that nothing in this figure says December will impress relative to October/November for distributors Fastenal pre-announced its Q4’13 already, implying a tough December. (…)
via BB&TCM Fastener Distributor Index: 2013 Heads Out with a Whimper.