Article Number: 21104
New Economic Tool Helps the Distributor Community Navigate During Turbulent Times
CHICAGO - The North American Association of Floor Covering Distributors (NAFCD) and the North American Building Material Distribution Association (NBMDA) released volume one of a new member offering, the Quarterly Economic Advisor.

The NAFCD/NBMDA Quarterly Economic Advisor is powered by NAFCD and NBMDA's long-time strategic partner, ITR Economics. Each volume of the NAFCD/NBMDA Quarterly Economic Advisor provides distribution professionals with a macroeconomic outlook, investor update, industry analysis across eight industries, leading indicator snapshot, an employment update and more.

"It is always crucial for our members to pay attention to economic trends and forecasts, but during these turbulent times, it is more important than ever," noted NAFCD and NBMDA Executive Vice President, Kevin Gammonley. "The new NAFCD/NBMDA Quarterly Economic Advisor is a valuable tool from a trusted resource which will be of high value to business owners during these times."

Volume 1 of the NAFCD/NBMDA Quarterly Economic Advisor highlights the impact of COVID-19 on the economy, financial markets and general sentiments. Further information can be found at: www.nafcd.org; www.nbmda.org.

About NAFCD
The North American Association of Floor Covering Distributors (NAFCD) is a North American, not-for-profit trade association serving distributors and suppliers of floor covering materials and related products. Its purpose is to enable wholesale floor covering distributors to be the most efficient, professional and profitable vehicle for bringing their suppliers' product to market resulting in the highest degree of customer satisfaction. NAFCD is dedicated to providing its members with opportunities to learn from each other, stay ahead of trends, and become better educated on ways to grow their business. For more information, visit www.nafcd.org.

About NBMDA
NBMDA is a trade association representing the leading wholesale distributors of wood panels, surfacing materials, cabinet hardware, finishes and related interior products. Membership is comprised of distributors and suppliers that serve the independent building material, and kitchen and bath dealer as well as those that serve production companies involved in cabinetry, architectural woodwork, stock woodwork, store fixtures, solid surface fabricating, plastics fabricating, general and specialty woodworking industries. For more information, visit www.nbmda.org.



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