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PMPA Business Trends October 2019


Business Trends Sales Index Remains Positive Year to Date


Upbeat! With 82 companies responding, the PMPA Business Trends Index for October came in at 135, up 3 points or 2.7 percent above September. The index is 100% of last year year-to-date. October’s index is up 6 points or 4.7 percent of this year’s low in June, and up 7.4 points or 5.8% over the five-year average for October. The 3-month moving average of this sales index at 133.7 is climbing towards the 12-month moving average- indicating a return to growth of Sales in our industry. Our year to date average remains at 136, up 2 points or 1.5 percent over 2018’s year-end average of 134.