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Economic Trends

MDM Forecast: February 2025 Update

Our overall 2025 industry revenue forecast narrowed from January, dragged down by a downshift for oil & gas. Nevertheless, strong growth appears in store for most verticals. See your sector-specific outlook here.

February 11, 2025

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wholesale trade June 2021

The latest monthly MDM Forecast revealed an downward revision in full-year revenues for 2025 and an unrevised 2026 — both projecting strong years for the industry. Notably, all but two of the 19 industry sectors project annual growth in 2025 — only one fewer (Oil & Gas) compared to January. 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…

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