PMPA Business Trends December 2021
The PMPA December 2021 Business Trends Sales Index came in at 138, the highest December value ever, and unseasonably high. That 138 was 10 points (or 7.8 percent) higher than December 2020’s value, and 22.5 percent higher than the five- year average for the index for the month of December.
While December sales were down 6 points (or 4.1 percent) from November’s levels, they still contributed to a strong finish, resulting in the Calendar year average sales to be 141. This 141 exceeded our April 2021 prediction of 137 for the year. A surprisingly positive reading considering the events of the year- ongoing uncertainty due to Covid-19, tariffs, and supply chain difficulties.
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