Subscribe Log in

Economic Trends

MDM January Forecast: 2024 Revenue Expectations Slip After Softer 2023

Our latest forecast called for downward revisions, snapping a three-month streak of optimistic revenue trends.

By Mike Hockett

January 16, 2024

Share

The latest monthly MDM Forecast for wholesale distribution revenues was revised down slightly through November for both 2023 and 2024 full-year revenues, snapping several months of positive trends. Wholesale trade data from the U.S. Census Bureau released Jan. 10 showed that sector revenues were flat in November month-over-month and up 0.5% year-over-year. Year-to-date, wholesale trade revenues were down 1.6% through the first 11 months of 2023 compared to the same period in 2022. Those figures led to an overall dip in MDM’s 2023 full-year revenue forecast, which now projects revenues to…

This is a Premium Article

Join NAW to read the full article — plus access to research, data, and intelligence.

As a member, you get:

  • Unlimited premium MDM articles, case studies, and monthly intelligence reports
  • Access to webcasts, podcasts
  • Exclusive whitepapers, research reports, and market data
  • Quarterly M&A, MarketPulse, and Economic Outlook reports
  • Access to NAW Nucleus, NAW SmartBrief, and NAW’s policy and leadership resources

The NAW Professional Membership is $850/year for individuals. It’s the fastest way to unlock this article — and everything else.

Unlock Premium Content


>> Explore all membership options

Related Articles

See More Articles