Daniel Florness

Yeah, it's a little bit of an anecdotal answer, so I apologize for that.

We're seeing in some of the published data, some industrial production numbers improving late in the year.

We aren't seeing that directly in our business.

But for us, November, December is a seasonally week period.

So that doesn't surprise me that we won't see it.

So don't know if there's some green shoots there.

I can tell you this from my travel.

If it's a business that's, you know, linked to certain industries and and data centers, an example from a recent trip I had on the East Coast where I was visiting a mechanical contractor

And their business was on fire, and 70% of their activity was around data centers.

It's real.

It's real.

In fact, I spent a big chunk of my time having conversations with our district leaders.

We have about

240 district managers, they each run about a $35 million business.

You add them all up, that's an $8 billion Fastenal.

So I had a conversation with our team in Atlanta this morning, one of our district managers, and most of his discussion was about business pickup he's seeing in his market because of data centers.

Now Atlanta is unique in that it's one of a handful that are really being impacted by that buildup.

Well, you know, the one barrier is the size of the customer, the nature of the products, how much of it is production centered versus maintenance centered.

And because when it's production-centered business, you have customers buying a very large volume of narrow band of SKUs, and their price sensitivity is different than if it's MRO and they're buying, you know, $100 of this and $100 of that.

Yeah.