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Economic Trends

MDM Forecast: March 2025 Update

The latest MDM Forecast revises 2025 revenue growth downward, driven by regression in oil & gas, but still projects solid growth for most sectors. Get your sector-specific outlook here.

March 17, 2025

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2022 forecast strong despite inflation

2022 Forecast Remains Strong Despite Inflation

The latest monthly MDM Forecast revealed a downward revision in full-year revenues for 2025 and a decline in 2026 — notably all but four of the 19 industry sectors project annual growth in 2025 — only two fewer compared to February. 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, manufacturer’s sales branches and offices, importers and exporters — focusing exclusively on wholesale distributors. Data for the MDM…

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