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Although YOY sales are still expected to increase, the impact of rising costs and higher rates has taken its toll on consumers who are pulling back on projects.
The hirings further strengthen ASA’s best-in-class ASA University education/training platform and the association’s expanding business intelligence division.
The sale of InSinkErator represents a meaningful step in Emerson’s continued commitment to creating a higher growth, more diversified and cohesive portfolio.
While both inflation and mortgage rate increases have impacted the segment, the overall annual forecast still represents a double-digit increase over 2021.