A modest January same-day sales decline follows a larger decline in December, though HARDI said the soft past couple months isn’t out of the ordinary for seasonality.
The modest decrease suggests sustained early-year momentum as 12 of 17 manufacturing sectors remained in growth territory.
PMA’s latest business conditions report showed a modest monthly decline in economic outlook from metalforming manufacturers despite them reporting higher shipping levels during January and expected orders.
Our latest update shows a modest downgrade for 2025 annual revenues before we get December’s government data, and a larger downward revision for 2026. Get your product sector-specific forecasts here through 2027.
Over the month, commercial planning fell 7.2% and institutional planning momentum slowed by 4.4%, according to the Dodge Momentum Index.
After a tariff-driven May-August slump, orders accelerated throughout the rest of 2025 and entered 2026 with underlying momentum.
Though the figures were a positive sign for manufacturing momentum, ISM survey commentary acknowledged that January is a reorder month and likely was influenced by buyers trying to get ahead of expected price increases.
Our latest MarketPulse Report shares a wealth of data and analysis from the 4Q25 Baird-MDM Industrial Distribution Survey – conducted Jan. 5-12 – that covered respondents’ revenue performance, pricing updates and business expectations for 1Q26...
Metalforming manufacturers indicated month-to-month improvement in their January outlook survey for near-term business conditions, incoming orders and shipping levels.
Our January update shows 2025 finishing up as a solid annual growth year for the industry. Get your product sector-specific forecasts here through 2027.
One manufacturer said the overall rise in prices for carbide and HSS-based products has become more apparent.
This comprehensive MDM 1Q26 Forecast Report is a guide to the U.S. wholesale distribution economy, providing a historical, current and future snapshot of numerous key economic indicators in one convenient place along with our exclusive...
