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Economic Trends

Wholesale Data Analysis: Falling Expectations and the Numbers Behind Employment Struggles

Mike Hockett breaks down the latest figures showing distributors' expectations for 2023 and beyond, as well as data that illustrates why distributors are still struggling with staffing despite a growing labor pool.

October 26, 2022

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With

major distributors

and

manufacturers

posting continued

robust 2022 third quarter financial results

, it creates renewed optimism for sustained industrial demand heading into 2023, and that a presumed economic slowdown will be brief and shallow. Sadly, that notion contrasts with the latest monthly wholesale trade data from the U.S. Census Bureau, compiled for MDM by the Leeds Business Research Division at the University of Colorado Boulder. All year long, we’ve been playing close attention to that data set that shows yearly revenue expectations across 19 wholesale distribution sectors, and the…

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