November Data: Wholesale Revenue Optimism Continues Uptick

As I took in a handful of industry events this fall, I was always curious to ask distributors and manufacturer attendees what they’re seeing and hearing in terms of current and forecasted product demand. MDM has consistently written about industry sentiment on that front throughout 2023, and it feels like we’ve been hearing about an industry slowdown since at least mid-2022 — which has pushed further and further out. But that slowdown finally showed up in the financials for many publicly traded industrial firms during the July-September quarter, and from what I’ve picked up on in my event…