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Economic Trends

MDM Forecast: Most Sectors See ‘24-25 Rebound

The U.S. wholesale distribution's sector's overall revenue outlook for 2024 moved more aligned with its historical growth average, with an even better 2025 to follow.

June 12, 2024

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Following a downshift in May, the latest MDM Forecast saw solid improvement for U.S. wholesale distribution revenue outlooks for both 2024 and 2025, with the majority of its 19 sectors tracked by MDM showing improved month-to-month projections in June. Our June 2024 forecast calls for 2024 wholesale trade revenues to be up 3.3% annually vs. 2023, compared to 2.7% in our May forecast. Likewise, our forecast projects 2025 revenues to be up 4.8% vs. 2024, up from 4.3% as of May. MDM’s forecast model uses the Bureau’s revenue data, but strips out the broader inclusions of agents and brokers…

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