ID Index Returns, Up 11.08 Points

It’s been awhile since we ran an ID Index in Today in Distribution. We had a busy month bringing you the 2012 Big 50 List, and now we are ready to get back into the swing of things to bring you the latest market analysis for distributions largest publicly-traded companies.

It’s been awhile since we ran an ID Index in Today in Distribution. We had a busy month bringing you the 2012 Big 50 List, and now we are ready to get back into the swing of things to bring you the latest market analysis for distributions largest publicly-traded companies.

After several large losses in the last two months, followed by a few marginal gains, the ID Index experienced its largest two-week gain in August, adding 25.71 points.

Two months ago, the ID Index suffered an exceptionally large loss of 54.39. One month ago, the index plunged again with a total loss of 31.23 points on the week. It regained a decent portion of the losses and appears to once again be heading in the right direction.

One disclaimer: Please consider that market values may have changed slightly since the close of business on Friday, September 28th, 2012.

On August 13th, the ID Index came in at 723.03 after a gain of 25.71 points. As of Friday, September 28th, the index is up 11.08 points for a total value of 752.34, a gain of about 1.5%.

W.W. Grainger (GWW) continues to lead the index, gaining 9.65 points (about 5%) for a total of 208.71.

Lawson Products fell a remarkable 3.06 points, ending at 6.91, a loss of more than 30% since the last Index in August.

Other economic data worth noting:

  • $1 = 0.78 Euros, falling .04 in the wake of turmoil in Greece and the rest of Europe.
  • A gallon of regular gas is averaging $3.78 in the U.S., and $3.43 a year ago.
  • Crude oil is currently trading at $93.03, versus $89.83/barrel in August.
  • Natural gas is currently at $3.40/BTU, up almost .40 since last index.
  • Gold is at $1773.90/Troy ounce, up over 100.00 since August.
  • Copper is at $3.79/pound, up .38 since August.

Industrial Distribution Companies

Distributor

August 13th

This Week

Applied Industrial (AIT)

40.88

42.16

Airgas (ARG)

83.24

82.67

Anixter (AXE)

60.09

57.67

Barnes Group, Inc. (B)

23.75

25.09

DXP Enterprises (DXPE)

47.37

48.05

Fastenal Company (FAST)

41.98

43.42

W.W. Grainger (GWW)

199.06

208.71

Houston Wire & Cable (HWCC)

11.75

10.86

Interline Brands, Inc. (IBI)

25.40

25.49

Kaman Corp. (KAMN)

32.50

36.02

Lawson Products (LAWS)

9.97

6.91

MSC Industrial (MSM)

68.35

67.77

Rexel SA (RXL)

15.08

15.54

WESCO (WCC)

59.38

57.29

MRC Global Inc. (MRC)

22.46

24.69

























Manufacturing Index

Manufacturer

Last Week

This Week

3M (MMM)

92.45

93.10

United Technologies (UTX)

77.85

78.66

General Electric (GE)

21.02

22.72

Boeing (BA)

73.96

69.86

Dow Industrial (DIA)

131.74

134.58

Deere & Co. (DE)

79.85

83.03

General Motors (GM)

20.60

23.00

Ford Motor Company (F)

9.38

9.92

Caterpillar (CAT)

88.68

86.72

Dow Chemical (DOW)

29.52

29.17

Lear Corporation (LEA)

39.81

38.09

Illinois Tool Works (ITW)

57.23

59.54

Questions? Comments? Concerns? Is there a publicly traded manufacturer that you would like to see listed? Let me know at [email protected].

The ID Index is comprised of your publicly-traded peer companies that we can track in offering some insight on the comparative health of industrial distribution. All of these companies are found in our Big 50, with their rankings ranging from #3 to #31. Each index we’ll offer a look at how the index performed collectively, as well as individually. Additional, pertinent economic data will also be included from time to time.

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