But not real growth numbers
So many economic signs point to healthy growth, but the outlook of a trusted barometer is not as robust.
FER Top Dealers minus TriMark and Clark grew revenues 4.8% in 2017, slowest growth since the Great Recession.
Underpinnings strengthen, yet foodservice growth continues apace.
FER lowers its 2017 estimate of E&S market growth to 3%, but forecasts a 3.4% gain in 2018.
Takes both down—but just a notch
North America outlook is positive yet softening
Quick-service and internet are key drivers, says NPD
Acquisitions play key role
We now have clear evidence the growth of E&S sales has slowed. But only slightly.