Erik Gershwind: Yeah. Sure, Ken. Look, overall, I think the tone that we want to underscore here is stable. That’s probably — yes, there’s more caution. Yes, the sentiment indices are eroding, but on the ground, we’re constructive on the environment right now. So in general, our customers are busy. There is certainly — look, there is more caution now than there was two quarters ago. No question and that was, was it exacerbated by the banking situation? Sure, but activity levels, backlogs, order flows are generally good. The pockets where we have seen softening, I would say, Ken would be — I mean, number one, still consumer-facing industries. The other one that would be new would be heavy equipment. We did see sort of a sequential, I would say, more negative tone there.
On the flip side though, there is areas like aerospace, like medical, where things feel good, really good. So while there is pockets of softness, I would say, on the flip side there’s just as many pockets of real strength. And overall, we characterize it as stable.
Ken Newman: That’s really helpful. Thanks for all the color, guys.
Erik Gershwind: Thanks, Ken.
Operator: And our final question today comes from Patrick Baumann with J.P. Morgan. Please go ahead.
Patrick Baumann: Hi. Good morning, everyone. Thanks for taking my questions.
Erik Gershwind: Hey, Pat.
Patrick Baumann: I just wanted to — hey, how are you? I just wanted to first wish John the best in whatever you decides to do next. I mean, he’s been a trusted respected voice for the company over time and will definitely be missed. So, best of luck, John.
John Chironna: Thank you, Pat. Appreciate that.
Patrick Baumann: Yep, of course. I appreciate all your effort over the years. My question is just the — clearly continued good results on the Mission Critical initiatives as per the solution sales growth and the government sales growth, which were highlighted. And I think overall volume growth actually outpaced IP by 200 basis points, 300 basis points in the quarter, which was a nice tick up. What I wanted to really focus on or ask about is the other 35% of sales that’s non-solutions and government. Just how would you characterize that bucket of sales? What are you seeing there in terms of volume growth? And then, what’s being done to kind of invigorate that portion of the business?
Erik Gershwind: Yes, Pat. So, great question. So here’s what I’d say, first of all, let me start sort of, overall, we’re feeling — I am feeling very encouraged by the trending in the business. And what we look at is what often I imagine you’re looking at, which is, okay, when you strip out IP, certainly the acquisitions are an important part of the growth engine, but when you strip out IP, you strip out acquisitions, how is the base business performing? And in particular, how is the base business performing ex-price? Because we have certainly been in an elevated pricing environment. And what we’ve highlighted this morning and what’s exciting to me is, if you think about what MSC has become over the past few years, this entire repositioning effort, we’ve really pivoted the business.
