Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported October sales of nearly $531.7 million, an 8.9% increase over the same month in 2020. The company’s daily sales were $25.3 million, a 14.1% leap over the same period last year. Regionally, U.S. sales increased 13%, while sales in Canada and Mexico grew 20%. By end market, manufacturing […]
Category: October
ISM: Manufacturing Sector Grows in October
Economic activity in the manufacturing sector grew in October, with the overall economy achieving a 17th consecutive month of growth, according to the latest Manufacturing ISM Report on Business. “The October Manufacturing PMI registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1 percent,” according to Timothy R. Fiore, CPSM, C.P.M., […]
