PTDA Business Index for 4Q2014 indicates slowing but continued, positive growth. Manufacturers reported more positive growth in new orders, employment, supplier deliveries, and inventories for 4Q2014 than distributors, which differs from 2Q and 3Q 2014 reports. Overall, 4Q2014 PTDA Business Index reading of 66.5 was slightly lower than the previous quarter's reading of 67.5. Both distributors and manufacturers anticipate 2015 to be another year of positive growth.