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W.W. Grainger (GWW)
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GWW » Topics » A slowdown in the economy could negatively impact Graingers sales growth.

This excerpt taken from the GWW 10-K filed Mar 6, 2006.
A slowdown in the economy could negatively impact Grainger’s sales growth. Economic and industry trends affect Grainger’s business environment. Grainger’s sales growth has tended to correlate with commercial activity, manufacturing output and non-farm employment levels. Thus, a slowdown in economic activity could negatively impact Grainger’s sales growth.

 

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