W.W. Grainger Inc. (GWW) reported another month of strong sales gains as November's results continued a rebound from last year's weakness.

The company is often considered a bellwether of the U.S. economy because of the breadth of its offerings, which range from lighting to mechanical to janitorial. Its fortunes have improved the past year amid a rebounding global economy.

Grainger said November daily sales increased 14%, or 11% excluding acquisitions and currency fluctuations.

Growth of 10% was seen in the U.S. while Grainger's Canadian operations had a 28% increase excluding currency changes.

Shares closed Friday at $133.67 and were inactive premarket. The stock is up 38% so far this year.

Source:Wall Street Journal