U.S. construction spending edged higher in May, helped by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.
The economic indicator was expected to hold or modestly tick down, as indices for new orders and production both declined month-over-month.
The figures suggest goods continued accumulating across distribution channels, albeit at a slower pace than April, and we’ll find out if sales kept pace when the government’s full wholesale trade report publishes July 8.
The U.S. economy grew faster in early 2026 than previously reported, but the upward revision was driven mostly by a lower imports estimate while consumer spending and key distributor-facing sectors softened.
The Fed held rates steady again in its June meeting, maintaining its benchmark range at 3.5%-3.75% while signaling that persistent inflation — rather than slowing growth — remains policymakers’ top concern in the first FOMC...
Our latest update shows a fourth straight considerable upward revision to the broader industry’s 2026 forecast, driven again by oil & gas. Get your much more valuable sector-specific revenue forecasts here.
Monthly orders unsurprisingly fell from March’s surprising surge, with momentum seen in the sector’s largest customer group — machine shops — while orders from aerospace manufacturers indicate investment in less sophisticated technology.
Meanwhile, three-fourths of survey commentary was negative, with more than half of comments citing pricing volatility as an issue and plenty of others mentioning the Iran war.
Wholesale inventories continued to climb in April after sharp gains in February and March, though the latest advance came in below market expectations — a possible sign that recent stockloading is cooling.
Our latest update shows another healthy upgrade for the U.S. wholesale distribution industry’s 2026 annual revenues – skewed by oil & gas price assumptions as well as other inflationary impacts. Get your much more valuable...
While inflation is a major tailwind, a sustained increase in average order value above inflation continues to point to increased demand.
ISM shared that 19% of the manufacturing sector’s GDP contracted in April, compared to 16% in March.
