Wholesale distribution outshines US economy

Published Saturday, November 01, 2003

United States wholesale distribution companies have a bright economic outlook, according to a new report by Pembroke Consulting and Economy.com for the National Association of Wholesaler-Distributors (NAW) titled NAW 2004 Economic Forecast. In 2004, overall revenues for US wholesaler-distributors across 18 industries are forecast to rise 5.6%, outpacing next year's projected GDP growth of 3.8%. Employment in wholesale distribution is slated to rise 1.4%, slightly ahead of the projected national average employment growth of 1.2%. “Over the last 10 years, the wholesale distribution industry has accounted for one-quarter of the total productivity improvements in the US economy,” said ...

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