Second quarter growth exceeds low-double digit outlook, but supply chains and the labor market are concerns.
By Mike Robuck
July 23, 2021
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Distributors continued to recover from the impact of the pandemic with the second quarter of 2021 showing marked increases in sales and profitability. While demand continues to ramp up, distributors have a few concerns going forward, including supply chains restraints, which have led to lower inventory and available materials, and a shortage of skilled workers returning to the labor pool.
After the pandemic-induced trough in the second quarter of last year, each subsequent quarter showed marked improvement — and even more so in the second quarter of 2021, the latest MDM-Baird quarterly…
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