Premium Monthly: Less Economic Fear, Surveys Drive August Content - Modern Distribution Management

Log In

Premium Monthly: Less Economic Fear, Surveys Drive August Content

Red flags remain, but strong 2Q financial reports from major companies have quelled some immediate fears of a possible recession.
Red flags remain, but strong 2Q financial reports from major companies have quelled some immediate fears of a possible recession.
Author
Date

When the 2022 calendar turned to June, it seemed the biggest topic of conversation in the wholesale distribution industry was the economy — and in particular, the numerous red flags that seemed to point to an imminent recession.

Three months later, there are still plenty of red flags, but the element of fear surrounding them has become less scary. This was partly due to the stronger-than-expected financials shown by major distributors and manufacturers in their second quarter earnings reports throughout July and early August, along with raised full-year expectations and optimistic commentary from their executives.

This was reflected in a recent MDM Premium article I wrote summarizing the latest U.S. Census Bureau data by the Leeds School of Business at the University of Colorado-Boulder, showing that distributors’ 2022 full-year revenue expectations improved during August compared to June and July, while their expectations for 2023 and 2024 worsened.

Download and read the August 2022 issue of Premium Monthly.

Meanwhile, with any luck, U.S. inflation may have peaked in July, based on improved consumer inflation (CPI) data. However, that would only mean the rate of inflation has peaked, as rising prices and Fed Rate hikes may very well continue for some time. We kicked off August with Nelson Valderrama’s “5 Ways Distributors Can Manage Inflation” piece on Aug. 1 to help guide the way.

Several other Premium pieces last month shared survey data from the 2Q22 Baird-MDM Industrial Distribution Survey, which asked 500-plus respondents for their input on if they were yet seeing signs of a recession and their top areas of concern for 2023. Also on the economic front, I provided an overview of where things stood on the shipping and supply chain front as of Aug. 24. 

Other Premium content during August focused on how diversification has paid off at major oil & gas products distributors; a new report on factors influencing the hiring and retention of distribution talent; how eCommerce integration is driving profitability; and we closed the month with my Aug. 31 piece on reshoring’s potential impacts on the distribution sector.

Also, MDM’s SHIFT | The Future of Distribution conference is nearly here! Being held Sept. 25-27 in Broomfield, Colorado, it features a stellar lineup of 30-plus speakers who will inform on topics of digital transformation, hybrid sales and data analytics. There’s still time to register and book travel if you haven’t yet.

Click here to read MDM’s August 2022 Premium Monthly. If you’re not a Premium reader, you can subscribe here.

Related Posts

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!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, 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 MDM.com
  • 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

1

article
left

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 mdm.com
  • 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.