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Economic Trends

Wholesale Revenue Expectations Improve as Monthly Growth Continues

Mike Hockett examines the latest economic trending data as it pertains to wholesale distributors, including their revenue expectations through next year.

October 16, 2023

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Credit: Mike Hockett

One month after 2023 and 2024 revenue expectations soured considerably, the latest wholesale trade data from the U.S. Census Bureau indicated that distributors’ outlook improved during August, despite what appears to be industry-wide demand softness as

third-quarter earnings reports

roll in from publicly-traded firms. As I’ve provided on a monthly basis throughout 2023, this MDM Premium piece will examine this new trending data as it pertains to wholesale distributors, beginning with full-year revenue expectations for 2023 and 2024.

Distributor 2023-2024 Revenue Expectations

That Bureau data…

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