Trump Wins In Super Tuesday ASI Presidential Polls
This week, results from the ASI Presidential Promo Poll will be released for several states leading up to Super Tuesday, which takes place on March 1. ASI’s first release from Arkansas and Alabama finds Donald Trump and Bernie Sanders victorious in their respective primary races, with Trump also winning polls that include candidates from both political parties. Read Article
InnerWorkings Reports 2015 Revenue Growth
Top 40 distributor InnerWorkings (asi/168860) reported it generated $1.03 billion and $1.09 billion in constant currency in 2015, reflecting 9.3% growth in constant currency over 2014. Furthermore, net cash provided by operating activities in 2015 was $43.4 million, compared to net cash used for operating activities of $12.5 million in 2014. read article
City Paper Company, ImageWorks Merge City Paper Company (asi/162267) announced it has merged with ImageWorks (asi/230173). Both distributors are based in Birmingham, AL. Terms of the merger were not announced. READ ARTICLE
Meet The Counselor Hot 25
Who are the movers and shakers that are reinvigorating the industry? The members of Counselor’s annual Hot 25 list. Exclusively online this week, Counselor will reveal the members of this year’s group – five per day in alphabetical order by first name. Check back each day to see all of their stories. meet this year's hot 25
The Joe Show: Stake Your Claim on These New Products
In this episode of The Joe Show, Product Editor Joe Haley gives a (green) thumbs up to a unique garden promotion. In addition, he shows off a slick lightweight jacket that will appeal to a bevy of users, as well as notepads with attention-getting full-color printing. Plus, is My Discreet Flask exactly what the product name suggests? WATCH THE JOE SHOW
Inflation Posts Largest Gain in Four-and-a-Half Years
U.S. inflation rose in January by the greatest amount in four-and-a-half years. The Consumer Price Index (CPI) released by the U.S. Labor Department, excluding food and energy components, increased .3% last month – the biggest gain since August 2011.
In 12 months through January 2016, the CPI reached a 2.2% annualized rate, the largest rise since June 2012. In December it had increased .2%.
In determining whether to raise interest rates, the Federal Reserve has a 2% inflation target. In December, the Fed raised interest rates for the first time in almost a decade by a quarter of a percentage point, and indicated it would possibly raise rates further this year. However, the Fed tracks another index titled The Commerce Department's Personal Consumption Expenditures (PCE). That data recorded no inflation last year and measured at 1.4% in December, below the Fed's 2% target.
Rising rents and medical costs in January greatly contributed to the rise of inflation in the CPI. The rental index increased .3% after a similar gain in December. Medical care costs and prescription drug costs each rose .5%. Hospital costs increased .4%. The cost of going to the doctor edged up .1% after dropping .2% in December.
Apparel prices grew .6% after falling for four straight months. Prices for new motor vehicles increased .3%. Gasoline prices fell 4.8% while food prices were unchanged.
Take The State of the Industry Survey
Counselor is currently polling professionals in the industry – both distributors and suppliers – to find out how the market did in 2015 and to get impressions on where the industry is headed in 2016. We need your input. Please take some time to go to www.StateoftheIndustry.com and complete the annual State of the Industry survey. Your responses will remain anonymous, and you'll be helping to create Counselor's annual State of the Industry report.
Nominate Now For Fastest-Growing Companies Awards
Has your company been experiencing incredible growth over the past few years? We'd like to hear from you. Nominate your company for Counselor's annual recognition of the Top 10 Fastest-Growing Companies in the industry. Questions? Email Karen Akers at firstname.lastname@example.org.
In The News
Galaxy Balloons, Inc. (asi/55675) announced that The New York Times' "Trump Balloon Cover," featuring Galaxy's 18" foil balloon, has received gold in the cover design category from The Society for News Design. For more information, visit www.snd.org.
Jetline (asi/63344), now part of Prime Line (asi/79530), has received the 2015 Supplier Appreciation Award from iPROMOTEu.
Justincase (asi/63711) announced the following appointments of multiline representatives across the U.S.: BRB Group for the Midwest, Harding Associates for the Southwest and Northeast Marketing for the Northeast.
Prime Line (asi/79530) has released four new product videos as part of its PrimeVideo series. The videos (http://www.primeline.com/tools/video.aspx) were produced in both distributor and unbranded versions and can be viewed here.
Royce (asi/52390) has launched its new luxury line of leather accessories in store and online at Selfridges, a high-end department store in the United Kingdom.
Starline (asi/89320) announced the debut of TruColor Direct Digital Print, its newest TruColor imprint option available on the majority of its high-viz apparel and safety gloves.
People On The Move
Alpi International (asi/34415) announced that Mike Williams has joined its sales team.
Polyconcept North America announced today the addition of Brittany Smith to the hard goods field sales team. Brittany, based in Houston, TX, will act as field sales manager in the South Texas and Louisiana territories.
Click here to see all of this month's industry personnel announcements.
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