Things moved more optimistically overall in our latest forecast update for both 2024 and 2025 revenues.
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
It provides a thorough look at the state of the U.S. wholesale distribution economy today and what factors are influencing underlying demand.
It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
!!Presidential election years can cause business caution when it comes to spending. We asked hundreds of distributors about it in an October survey.
Explore the response and recovery of a sweeping three-day port strike on the distribution industry in this Logistics Liaison series. Who was prepared?
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
This year is shaping up to have less than half the annual growth that was originally projected, illustrating longer-than-expected industrial softness.
The report indicates continued economic uncertainty as demand weakens and contraction persists across many manufacturing sectors.
However, orders rose 1.7% year-over-year.
Month-to-month, the revenue outlook for 2024 improved modestly, while 2025’s had a healthy increase. See those figures plus an updated GDP forecast here.
Despite an August uptick that ended four straight months of decline, the latest reading indicated U.S. manufacturing continues to see weak demand.
