PTDA Business Index reading of 60 for 4Q2013 is higher than 52 reading of 3Q13 index. While those surveyed in mid-2013 about 2014 outlook anticipated 5% growth, those surveyed in January 2014 anticipate 7% growth. Conducted by PTDA and Cleveland Research Company, report includes distributor and manufacturer breakout data in addition to historical data. It tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices, and backlog in PT/MC industry.
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