MAFSI Business Barometer Down 24.4% 3Q-20

Manufacturers’ reps reported E&S sales fell 24.5% 3Q-20 from the 3Q-20, according to the latest quarterly MAFSI Business Barometer. The decline was actually “less bad” than the 32.4% they had forecast. It compares with a 30.4% decline 2Q-20. The reps are a bit more pessimistic about the 4Q, forecasting sales will fall 28.3%.   With…