Sales of hardgoods and gases fell in third quarter of 2019, according to the Baird/gasworld Q3 2019 Welding and Industrial Gas Survey and Fabrication Channel Checks.
Respondents from industrial gas and welding equipment distributors saw a slowdown in Q3, but expect an improvement in Q4 through 2020.
Hardgoods sales increased 1.8%, down from +5.2% last quarter, while pricing growth was largely stable sequentially, up 3.7% year/year versus +3.2% last quarter, and above the 3.4% average from the 2018 surveys.
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