ISA Index ends year on strong note
The ISA Manufacturer Index increased from 53.0 in November to 61.3 in December, while the ISA Distributor Index rose from 63.0 in November to 66.6 in December.
“Overall, the year 2014 was a good year for our members,” said Bryon Shafer, general manager of ASG Industrial and chair of ISA’s Strategic Information Committee. “We ended the year the same way it began, with the Index firmly in positive territory.”
For each index, a reading above 50% indicates expansion, while a reading below 50% indicates contraction. The Indexes have been above 50% since December 2012.
The Industrial Supply Association is the leading association for members of the maintenance, repair, operations and production (MROP) supply chain, representing nearly 1,000 companies worldwide.
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