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Economic Trends

MDM Forecast: June 2025 Update

The latest MDM Forecast projects stronger 2025 and 2026 revenue growth for U.S. wholesale distribution, driven by sector-specific gains though underlying economic trends suggest caution in interpreting topline numbers. As always, results vary across the 19 industry sectors tracked by the U.S. Census Bureau. Get your sector-specific insights here.

June 13, 2025

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The latest monthly MDM Forecast reflects an upward revision in projected full-year revenues for 2025, while also showing an upward adjustment for 2026 vs. our May update. All but one of the 19 industry sectors tracked projected annual growth in 2025 — down from three in April. As always, the key value in the MDM Forecast comes from the sector-specific forecasts it provides. The MDM’s Forecast model uses the U.S. Census Bureau’s revenue data but strips out the broader inclusions of agents and brokers, manufacturers’ sales branches and offices, importers and exporters — focusing exclusively on…

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