Distribution's Part in the Economy
In addition to tackling some high-level economic issues, including the key dynamics behind today's economy, the economic outlook and implications for key distribution markets, and what Webcast participants should consider as they plan where their company will go in the next year, Fein talked about the key part ...
In addition to tackling some high-level economic issues, including the key dynamics behind today's economy, the economic outlook and implications for key distribution markets, and what Webcast participants should consider as they plan where their company will go in the next year, Fein talked about the key part distribution continues to play in the U.S. economy.
Manufacturing makes up less than 14% of U.S. GDP (or economic activity). At its peak, it was more than a third, Fein said. Wholesale distribution has also been on the decline but for the most part has been "holding its own." In the aggregate, wholesale distribution has been growing faster than GDP. In the 1950s, distribution made up about 7% of the U.S. economy; it's roughly the same now.
Still, what is distributed today is different than what was distributed 50 years ago. Today there are fewer distributors of industrial products, but more distributors of products into the service industries that are driving economic growth, including foodservice, commercial office, health care, construction, lodging and others.
Overall, "distribution as a whole is still a stable and pretty substantial part of the U.S. economy," Fein said.
MDM Publisher Tom Gale also addresses the sometimes unappreciated role of wholesale distribution in his latest Perspective, found here.
Order the CD from Fein's Webcast, "Wholesale Distribution Economic Outlook: Adam Fein's First Look at 2008," here.
 |
|
| View the Top Distributors in 12 Sectors: | |
| 2011 Distribution Landscape Report: Access Now | |
Join MDM's Independent Distributor
Network 
Follow MDM on Twitter
Sponsored Links
- Cloud ERP, the next innovation in distribution software. Learn more.
- Get better eCommerce, an easier back-end, and increase revenue.
- Free GCommerce whitepaper: How to reduce transaction costs, streamline special orders
- Cloud ERP, the next innovation in distribution software. Learn more.
- Protect your revenue and grow your business with Cortera PulseTM
- NSK's P4Y precision-class universal bearings' multiple configurations reduce inventory
- Resources and training tools for distributor sales, management and more in the MDM Store
MDM Digital
 The Case for Mobilein Distribution Marketing John Sonnhalter explains why distributors should include mobile in their marketing plans and how to start. Watch now. iPad users: click here to view. |
 Economic Update:The Festering Euro-Crisis MAPI Economist Kris Bledowski analyzes the outcome of recent meetings about the European banking and debt crisis. Watch now. |
 Online Marketing Tipsfrom Bob DeStefano Many companies make the same mistake on their company websites. Do you? Find out. |
More Audio and Video Features from MDM: |
Think About It: |
Upcoming Programs
|
Wholesale Distribution Economic ReportsThe most comprehensive source of data about the wholesale distribution industry.
* Plan strategically for the year ahead with accurate data.
|
Training Resources
 |
 |
 |
 |
|||
|
Featured Article - MDM-Baird Benchmarking Survey: Distributor Optimism Returns $34.95 |
Management Tips from Modern Distribution Management $49.95 |
Inventory Management Best Practices with Jon Schreibfeder: DVD + Book $119.00 |
Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers $249.00 |
| Title | Company | Location |
|---|---|---|
| Channels Marketing Representative -- Advanced Supply Chain Business Information Systems | Scientel Intormation Technology, Inc. | Southeast Michigan |
| Technical Trainer - Innovative Change Agent - Long Island City, NY | Daikin AC | Long Island City, NY |
| Sales Representative | Superior Essex | Minnesota |
| Strategic Sales Consultant | IDC-USA | Indianapolis, Indiana |
| Counter Sales | Heating and Cooling Supply | Chatsworth, California |
| Counter Sales | Heating and Cooling Supply | Thousand Palms, CA |
| Territory Sales Manager/Outside Sales | Heating and Cooling Supply | San Fernando Valley, California |
| View ALL Wholesale Distribution Job Listings |
|
|
Industry Topics sponsored by
Distribution Trends
|
Economy
|
Management/Strategy
|
Interviews
|
Operations
|
Technology
|
Mergers/Acquisitions
|
Case Studies
|
Sales & Marketing
|
MDM Calendar
Operating for Profit: The Coming Revolution in Supply Chain Finance
Mobile Technologies for Distributors with Steve Epner
Featured Products
Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers
2011 MDM Market Leaders and Distribution Landscape Report
The B-to-B Online Marketing Toolkit:
A Step-by-Step Plan for Distributors and Manufacturers to Leverage Online Marketing
for Bottom Line Results
Leave a Comment