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Economic Trends

MDM Forecast: December 2025 Update

Our final forecast for the year reflects a healthy upgrade for the industry's overall 2025 revenue, with all but two of its 19 product sectors seeing upward revisions. Meanwhile, our 2026 outlook also saw a modest monthly improvement. Get your sector-specific forecast here, along with our new look at year-to-date revenues by sector.

December 15, 2025

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The latest monthly MDM Forecast reflected a solid upward revision for U.S. wholesale distribution revenues in 2025 — largely driven by considerable positive movement in two of the industry's three largest product sectors, though all but two of its 19 sectors likewise saw improvement. In our final forecast of the year, we expect 2025 annual growth for all but one of the industry's sectors that the Bureau identifies, followed by growth for 17 of 19 sectors in 2026. As always, given the variation throughout, the key value in the MDM Forecast is the sector-specific forecasts it provides.

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