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MSC Quarterly Sales Still Down Slightly Year-Over-Year, But Show Widespread Improvement

The company said it is already planning additional growth investments. Apr 7th, 2021 Typically the first publicly-traded industrial distributor to report its quarterly earnings, MSC Industrial Supply s fiscal results tend to serve as a barometer for the health of the MRO and metalworking products sector within industrial distribution. And by that measure, those verticals appear to be nearly recovered to their pre-pandemic levels. For the 13 weeks ended Feb. 27 (MSC s 2021 second quarter), the company reported total sales of $774 million, down 1.5 percent year-over-year (YoY) and up narrowly from $772 million in Q1 when they were down 6.3 percent YoY. Q1 average daily sales likewise were down 1.5 percent YoY.

Decrease in Palestine s Industrial Production Index in February

Decrease in Palestine s Industrial Production Index in February RAMALLAH, Sunday, April 04, 2021 (WAFA) – The overall Industrial Production Index (IPI) in Palestine decreased by 2.43 during February 2021 compared to January of the same year, and reached 99.07 points (Base Year 2019 = 100), according to the Palestinian Central Bureau of Statistics (PCBS). IPI for February 2021 decreased due to the decrease in the activities of Mining and Quarrying by 12.32 percent, which had a share of 2.89 percent of the total industry, and the activities of Water Supply, Sewerage, Waste Management and Remediation by 9.31 percent which had a share of 1.84 percent of the total industry. The activities of Manufacturing Industry also decreased by 2.24 percent, and had a share of 87.89 percent of the total industry.

Qatar s IPI up by 6 4% in January 2021 - The Peninsula Qatar

Qatar s IPI up by 6 4% in January 2021 - The Peninsula Qatar
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

February 2021 Headline Industrial Production Declines Due To Weather

February 2021 Headline Industrial Production Declines Due To Weather The headlines say seasonally adjusted Industrial Production (IP) declined month-over-month - and remains in contraction year-over-year. Our analysis shows the three-month rolling average marginally improved. Analyst Opinion of Industrial Production The best way to view this is the 3-month rolling averages which improved. Note that: The severe winter weather in the south central region of the country in mid-February accounted for the bulk of the declines in output for the month. Most notably, some petroleum refineries, petrochemical facilities, and plastic resin plants suffered damage from the deep freeze and were offline for the rest of the month. Excluding the effects of the winter weather would have resulted in an index for manufacturing that fell about 1/2 percent and in an index for mining that rose about 1/2 percent. Both indexes would have remained below their pre-pandemic (February 2020) levels.1

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