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Economic Trends

MDM Forecast: July Update

Our latest update shows a fifth straight considerable upward revision to the broader industry's 2026 forecast, driven again by oil & gas and data center-fed electrical & electronics. Get your much more valuable sector-specific revenue forecasts here.

July 15, 2026

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The latest monthly MDM Forecast reflected a fifth straight considerable upgrade for the industry's overall 2026 revenue outlook — with the vast majority of it was driven by further upward revisions to oil & gas products and adjacent verticals in wake of higher oil prices tied the Iran war and Strait of Hormuz conflict, alongside the red-hot data center market that continues to lift many product verticals. As always, given the variation throughout, the key value in the MDM Forecast is the sector-specific forecasts it provides. The MDM Forecast model uses the U.S. Census Bureau’s revenue data…

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