News
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Private Company Index has 5.47% Increase for June. Up 35% for Year.
Chicago, IL June 15-2006 - The increase is marked by a 32 point jump to 618, while the Dow and NASDAQ saw slight drops in their performance during the month of June.
This marks the second best performance by private companies since the inception of the Private Company Index (PCI). PCI companies have grown 35.2% the first half of 2006. This is nearly nine times the increase experienced by the Dow Index in the same period; and immeasurable over the annual loss for the NASDAQ Index.
The good cheer was evident this month with many PCI member companies stating that June 2006 net sales exceeded June 2005 by significant amounts. A good majority of PCI members saw revenue increase last month-crossing a wide variety of industries and market segments.
"It's a great way to close out the second quarter," states Stephen H. Watkins, CEO of Entrex. "News this positive from the private sector is a sign that our economy is vibrant and bringing employment and economic growth. People have cash to spend and need products and services: now we see where they're spending it!"
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The Private Company Index provides the financial and investment community a resource to objectively measure private business activity. The Index also allows business owners and the general public the ability to follow the trends and productivity of privately owned businesses.
The Index was created by Entrex – the global source to find, research, track, manage and trade interests in private companies- along with the Private Business Channel (PBC) an online video and television production company featuring the best-of-breed private companies on the path to open their equity to private investors.
Contact: John Ferguson, Ferguson Advertising (260) 426-4401

