New data provided to MDM offers an update on distributors’ 2022-2024 revenue expectations and forecasts overall economic trajectory.
The Producer Price Index for final demand increased 1.1% in June compared to the prior month, the Bureau of Labor Statistics reported.
May orders were down 14% from April 2022 but nearly equal to May 2021 orders with a modest 1% decline.
The deficit was $85.5 billion in May, down $1.1 billion from $86.7 billion in April, the Census Bureau and Bureau of Economic Analysis said.
MDM’s Mike Hockett shares new Census Bureau data that illustrates the gap between wholesale distributors’ reported vs. “real” revenues over the past year.
In the wake of another — and bigger — Fed rate hike aimed to tame inflation, we examine a number of economic indicators from the past two weeks.
The ABC analysis comes around the same time it was announced that construction prices rose 2.3% in May compared to the previous month.
Construction prices rose 2.3% in May compared to the previous month, and construction input prices are up 21.4% from a year ago.
April 2022 orders of manufacturing technology totaled $513.4 million, the second month in a row surpassing half a billion dollars.
U.S. manufacturing corporations’ seasonally adjusted after-tax profits in the first quarter of 2022 totaled $261.9 billion.
Will conditions get better? Worse? Stay the same? Here’s what distributors are saying.
The Census Bureau says the international trade deficit was $125.3 billion in March, up from $106.3 billion in February.
