ASI have released their latest distributor sales report, 2013 has been the best year yet, surpassing $20 billion for the first time ever! Things are really looking up for the US Economy, in particular the promotional products industry as the figures clearly show.
The U.S. GDP expanded 3.1% in 2013’s fourth quarter. ASI’s data shows distributors grew sales by nearly twice that rate, or 5.7%. Meanwhile, the Counselor Confidence Index – a tool that measures distributor health and optimism – improved to 113.2 in the fourth quarter, reaching its highest point since being introduced a year ago.
Other highlights from ASI’s latest sales report include:
– In 2013, 86% of larger distributors (more than $5 million in annual revenues) reported an increase in sales.
– 68% of all firms – regardless of size – reported gains.
– In Q4, 54% of surveyed distributors improved revenues over the same period in 2012, with larger firms again making the biggest sales jump.
– The 5.7% Q4 increase is the best quarterly sales gain since Q1 of 2013 as firms closed the year strong.
Click here to read ASI’s very own Tim Andrews blog for further details.
Published on: January 1st, 1970