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Economic Trends

MDM Forecast: May Update

Our latest update shows another healthy upgrade for the U.S. wholesale distribution industry's 2026 annual revenues - skewed by oil & gas price assumptions as well as other inflationary impacts. Get your much more valuable sector-specific revenue forecasts here.

May 19, 2026

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The latest monthly MDM Forecast reflected a third straight considerable upgrade for the industry's overall 2026 revenue outlook — but the vast majority of it was driven by more upward revisions to oil & gas products in wake of projected higher oil prices tied the Iran War and Strait of Hormuz conflict. 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 but strips out the broader inclusions of agents and brokers, manufacturers’ sales branches and offices…

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