We polled distributors to ask if those that lost customers amid the height of supply chain issues in the past few years are starting to see those customers return. See the exclusive results and commentary...
It was the index’s ninth straight month of decline, and third straight in contraction territory.
We polled distributors about how they expect their labor and freight costs to change from 2022 to 2023. See the exclusive results and commentary here.
The U.S. hit its debt ceiling on Jan. 19. Here’s what that could mean for the economy, and what NAW said it could mean for distributors.
Ahead of MDM’s Economic Outlook webcast, Mike Hockett gave a snapshot of a handful of key indicators showing current trajectories.
The well-regarded barometer of U.S. manufacturing ended 2022 on a sour note, contracting for a second-straight month to its lowest mark since May 2020 when industries were dealing with factory shutdowns.
Mike Hockett dives into the numbers for distributors’ 2023 expectations and the latest economic indicators for the industrial economy.
Orders totaled $457.7 million in October 2022, a 20% drop from the same month last year and down 12% from September.
The seasonally adjusted annual rate of $1.795 trillion was 0.3% below the revised September estimate of $1.8 trillion.
The industrial manufacturing barometer fell another 1.2 points from October, continuing its year-long slide.
Distributors and their suppliers say they continue to see strong demand for industrial and commercial products, with no real slowdown in sight.
The Wall Street Journal reports the layoffs would affect about 3% of corporate staff, not hundreds of thousands of Amazon warehouse workers.
