Business Intelligence
By Susan Avery -- Purchasing, 5/3/2007
$17.28TAnnual commercial spending in the U.S.
Source: Visa Commercial Consumption Expenditure index
WHAT IT MEANS: Businesses purchased 6.7% more in 2006 than in 2005. Spending rose in all key business segments, with the strongest growth occurring at midsize and large companies.
8.4%Rise in sales of power transmission/motion control products from distributors
Source: www.ptda.org
WHAT IT MEANS: Buyer demand is starting to pick up. After a four-month decline, sales started to increase in January 2007 from January 2006.
27Grainger Partners in Performance Supplier Awards
Source: www.grainger.com
WHAT IT MEANS: The awards are based on such metrics as responsiveness, on-time shipping and cost control.
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