Economic activity has been good, demand is up across the board, and pricing improvements are helping returns, were some of the snapshots from the first quarter 2018 Baird Industrial Gas Survey.
Undertaken in partnership with gasworld, the survey provides a snapshot of current quarter trends in the US gases business.
The survey of independent gas distributors found that the revenue trajectory for gases in Q1 2018 was around 7.6%, up sequentially over Q4 2017 and up considerably over the prior year quarter.
The revenue trajectory for hardgoods stood at 3.8% for the quarter.
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