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Economic Trends

MDM Forecast: August 2025 Update

The August MDM Forecast shows a modest downgrade in 2025 and 2026 revenue projections, with overall growth still near historical norms. As always, results vary across the 19 industry sectors tracked by the U.S. Census Bureau. Get your sector-specific insights here.

August 11, 2025

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The latest monthly MDM Forecast reflects a modest downward revision in projected year revenues for 2025, while our 2026 projection likewise declined vs. our July update. Still, we project annual 2025 growth for all but one of the 19 industry sectors tracked by the U.S. Census Bureau — unchanged from July. As always, the key value in the MDM Forecast comes from 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, importers and…

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