Economic Indicators Continue on Positive Trajectory - Modern Distribution Management

Log In

Economic Indicators Continue on Positive Trajectory

Has the U.S. economy finally found forward momentum?

Last week, a plethora of positive economic news was released, from increased consumer confidence to continued job creation. But even with the positive numbers, many are still cautious about the direction of the U.S. economy.

Here are some of the economic highlights from the last week:

  • Real GDP increased at an annual rate of 4 percent in the second quarter, according to the Bureau of Economic Analysis. After a negative first quarter, this rebound was higher than expected and may be a sign that the economy is gaining momentum, according to comments from The Conference Board.
  • Total nonfarm employment increased by 209,000 in July, the sixth straight month of growth about 200,000. While that in itself is good news, the unemployment rate also ticked up in July to 6.2 percent – which sounds like bad news, but when taken in conjunction with the continued job growth actually means that more people are returning to the work force.
  • The manufacturing sector continued to expand in July, even increasing the pace of expansion from June, according to the latest Manufacturing ISM Report on Business. The July purchasing managers index rose to 57.1 percent, an increase of 1.8 percentage points from June. In addition, 17 of the 18 manufacturing industries included in the report noted expansion. The only industry report contraction in July is wood products.
  • Uncertainty still remains around the Federal Reserve’s plans for interest rates. Market watchers are betting on the first increase for June 2015, but much depends on the unemployment rate. The Fed has previously said that a rate of 5.5 percent is “normal.” For now, the Fed will continue to decrease its stake in U.S. treasuries.

Get more economic news from MDM at

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.