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Economic Trends

MDM Forecast: July 2025 Update

The latest MDM Forecast reflects a slight downward revision in 2025 revenue expectations, though still aligned with historical averages. As always, results vary across the 19 industry sectors tracked by the U.S. Census Bureau. Get your sector-specific insights here.

July 10, 2025

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The latest monthly MDM Forecast reflects a modest downward revision in projected full-year revenues for 2025, while our 2026 projection rose narrowly vs. our June update. All but one of the 19 industry sectors tracked projected annual growth in 2025 — unchanged from June. As always, the key value in the MDM Forecast comes from the sector-specific forecasts it provides. The MDM’s 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 exporters — focusing exclusively on…

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