How did 2024 stack up against other recent years? We dive into the numbers to analyze how it graded by historical context alongside GDP performance.
Quarterly MDM-Baird Distribution Survey
Article
Research: Distributors Likely to Shift Sourcing Domestically Within 3 Years
Of the 4Q24 Baird-MDM Industrial Distribution Survey respondents who indicated they were likely to shift their sourcing, many cited tariffs as a key factor.
Economic Trends
Article
MDM Forecast: February 2025 Update
Our overall 2025 industry revenue forecast narrowed from January, dragged down by a downshift for oil & gas. Nevertheless, strong growth appears in store for most verticals. See your sector-specific outlook here.
Mergers & Acquisitions
Article
QXO Says Beacon is Misrepresenting its Valuation to Shareholders
Get the latest on the standoff here, and insight onto where it might be headed.
Market Analysis
Article
Data: Tracking 2 Decades of U.S. Grid Infrastructure Spend
Capital investments in electric infrastructure, including upgrades and renewable energy integration, fueled a double-digit rise in utilities’ electricity spending from 2003 to 2023. We break down the figures here.
Market Analysis
Article
U.S. Chip Investment Unlocks Market Potential in Distribution
Backed by U.S. investment in semiconductor fabrication, billions are being injected into large-scale construction projects. Could building materials and MRO distributors benefit? Our Logistics Liaison explores.
Part 2 of this series covers how the metalworking and MRO supplies distributor’s Mission Critical initiative is bearing fruit by transforming the company into a more digitally capable and agile organization.
Building Materials/Construction
Article
QXO Puts Ball in Beacon’s Court for Deal, Provides Communication Timeline
Along with its time-sensitive proposal, the building materials distribution platform went into great detail giving a rundown of talks with Beacon since they started this past summer.
We analyze the results of our early January survey that polled 350 distributors and manufacturers about their expectations of how tariffs could impact both margins and demand. Along with data, it produced plenty of commentary.
Quarterly MDM-Baird Distribution Survey
Article
Research: Distributors’ Top Concerns to Start 2025
There’s no better time to find out what keeps distribution executives up at night than at the start of the year. We analyze more than 250 write-in responses to our early January survey question asking...
Building Materials/Construction
Article
Beacon May Garner Interest from Others, Including Lowe’s
New investment bank analyst commentary suggests QXO will have to increase its current bid for Beacon to fend off alternative suitors, but others say additional offers are unlikely.
Human Resources
Article
Survey: Most Family-Owned Distributors Maintain Confidence in Succession Plans
We surveyed nearly 130 family-owned distributors this past Summer to learn about their priorities and challenges. Here, we analyze the results of our polling about succession planning.

