Subscribe Log in

Quarterly MDM-Baird Distribution Survey

What are Distributors’ Economic Expectations for 2024?

More than three-fourths of executives who responded to the 3Q 2023 Baird-MDM Industrial Survey said they expect either flat or modest growth in 2024.

November 7, 2023

Share

As 2023 begins to wind down, some distributors

have reported slowing or flattening sales growth

compared to quarters from prior years. Are distributors anticipating a recession, or will companies continue to expect consistent but modest growth in the next year? In the latest

Baird-MDM Industrial Distribution Survey

, respondents were asked,

"Based on conversations with customers/suppliers, backlogs, bidding/quoting activity etc., what is your current base case for the U.S. economy in 2024?"

Of the approximately 400 respondents — primarily consisting of distributors — 39% replied “flat/no…

This is a Premium Article

Join NAW to read the full article — plus access to research, data, and intelligence.

As a member, you get:

  • Unlimited premium MDM articles, case studies, and monthly intelligence reports
  • Access to webcasts, podcasts
  • Exclusive whitepapers, research reports, and market data
  • Quarterly M&A, MarketPulse, and Economic Outlook reports
  • Access to NAW Nucleus, NAW SmartBrief, and NAW’s policy and leadership resources

The NAW Professional Membership is $850/year for individuals. It’s the fastest way to unlock this article — and everything else.

Unlock Premium Content


>> Explore all membership options

Related Articles

See More Articles