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Economic Trends

Data: Distributors’ 2023 Revenue Expectations Worsen

New data provided to MDM offers an update on distributors' 2022-2024 revenue expectations and forecasts overall economic trajectory.

July 18, 2022

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Credit: Mike Hockett

New economic data last week showing continued considerable

increases

in producer prices — and

word of a possible full-point Federal interest rate hike

later this month — only added fuel to souring revenue expectations in the wholesale distribution sector.  That’s despite second-quarter earnings reports from publicly-traded distributors showing continued considerable gains in year-over-year sales and profits. Terms of “softening," “weakening” and “deceleration” have begun to pop up in earnings releases and calls with analysts, and new exclusive data MDM has received reflects that. On July 15, MDM…

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