ASA Insights
Jan. 19, 2012

ASA Brings Together Strongest Group
of Growth-Minded Wholesalers

American Supply Association
The American Supply Association's wholesaler members finished 2011 with an 8 percent improvement in revenues as compared to 2010; up 10.1 percent as compared to 2009; down 7.6 percent as compared to 2008. The plumbing-heating-cooling-piping and industrial pipe-valve-fitting distributors were up versus 2008 on a quarterly basis for the first time as 4Q11 was up 7.2 percent versus 4Q10; up 17 percent versus 4Q09 and up 0.7 percent as compared to 4Q08. Monthly for December 2011 grew versus the previous year by 4.4 percent, 16 percent compared to 2009, and down 0.2 percent versus 2008. Geographically, all regional monthly revenues showed medium-to-low single digit positive growth, and only those wholesalers with less than $10 million in annual revenues reported reduced monthly revenues. Connecticut and New York were the only local markets to report double-digit increased revenues in December.More

ASA Unveils New Logo, Branding
American Supply Association
ASA's Executive Committee recently commissioned the development of a new logo, look and "brand" for the association. This new brand is a direct representation of the vibrant new ASA that has emerged over the past few years. The ultimate goal is to reflect a "fresher" and "bolder" look to the industry that accurately reflects ASA's reemergence as a leading association. Please take note of our new look and branding in our print and electronic communications, in Supply House Times' ASA News, ASA Insights and in all of ASA's marketing and communications materials as we move further into 2012.More

New Phone, Fax and Address for ASA
American Supply Association
ASA, the ASA Education Foundation, the Wholesalers Association of the Northeast (WANE) and the Midwest Distributors Association (MwDA) have a new address, telephone and fax numbers.

Address:
1200 N. Arlington Heights Road
Suite 150
Itasca, IL 60143

Telephone: 630-467-0000
Facsimile: 630-467-0001

If you have not already done so, please update your contact information to reflect these updates.More

Gold Off One-Month High; Euro Zone Eyed
The Economic Times
Gold edged higher Wednesday, but traded below the one-month high hit in the previous session on an improved global economic outlook, while investors shifted focus once again to the troubles of the euro zone. Gold rallied with riskier assets on Tuesday as data from China, Germany and the United States soothed anxiety over the global economy and fueled bets on equities, commodities and the euro.More

Obama Administration Rejects Keystone Oil Pipeline
Reuters
The Obama administration on Wednesday rejected the Keystone crude oil pipeline project, a decision welcomed by environmental groups but blasted by the domestic energy industry. President Barack Obama said TransCanada's application for the 1,700-mile pipeline was denied because the State Department did not have enough time to complete the review process.More

DOE Releases 2011 Critical Materials Strategy as China Limits Exports of Rare Earth Elements
@Risk
Several materials used in the manufacture of clean energy technologies such as wind turbines, electric vehicles, solar cells and energy-efficient lighting are at risk of supply disruptions in the short term, according to a new report released by the U.S. Department of Energy. The 2011 Critical Materials Strategy is DOE's second report on this topic and provides an update to last year's analysis. After its analysis, the DOE has concluded the following.More

La Tercera: Chile Sees Copper at $3 to $4 a Pound in 2012
Bloomberg
Chile's government estimates copper prices will fluctuate between $3 and $4 a pound this year, averaging close to $3.50, Santiago-based newspaper La Tercera reported, citing Deputy Mining Minister Pablo Wagner. Chile's government, which in October estimated copper would average $3.7 a pound in 2012, expects state-owned copper company Codelco's contributions to the state to fall below levels seen in 2010 and 2011 because of lower prices and higher costs, the newspaper reported on its website.More

Manufacturing is Surprising Bright Spot in US Economy
The New York Times
For the first time in many years, manufacturing stands out as an area of strength in the American economy. When the Labor Department reported December employment numbers, it was expected that manufacturing companies would have added jobs in two consecutive years. Until last year, there had not been a single year when manufacturing employment rose since 1997.More