The 2020 Mid-Year Economic Update_long

Research & Analytics

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Durable Goods September 2020
Research & Analytics

Advance Report: New Orders for Durable Goods Up 1.9% in September

Increase of manufactured durable goods is the fifth in a row following the double-digit growth in May, high-single-digit growth in June, double-digit growth in July and low-single-digit growth in August — all of which had been preceded by two decreases during the height of the coronavirus crisis.

Chicago Fed National Activity Index September 2020
Research & Analytics

Chicago Fed National Activity Index Declines to +0.27 in September

Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in September, but all four categories decreased from August.

Technology

Download this Issue as a PDF: October 25 2020

Our last quarterly data issue of 2020 includes promising stats on the future state of the economy, with some work left to do to get the industry back to where it was pre-pandemic. Dive into the latest MDM-Baird Distribution Survey results, as well as a preview of our MDM Analytics market forecast and wholesale revenues, sales and inventory trends data.

graphic of economic instability with covid-19 coronavirus in the background
Research & Analytics

Is the V-Shaped Recovery for Real?

The market appears to be experiencing a quicker turnaround from the pandemic-induced downturn than originally expected.

digital bars representing the stock market with lighting behind
Uncategorized

MDM Revised Forecast: 3Q Shaping a V-Swoosh Recovery

Consumer behavior is playing a role in speeding economic recovery.

Cutting Tool Consumption August 2020
Research & Analytics

U.S. Cutting Tool Consumption Drops 33.5% in August

Latest report shows U.S. cutting tool consumption down 0.2% from previous month of July, while year-to-date total is down 23.4% from same period of 2019.

IRCG-Pandemic-Revenue-Index-Oct-12-16-2020-v2
Research & Analytics

Pandemic Revenue Index Ticks Up 2.6%

Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Oct. 12 to Oct. 16 indicated a 2.6% increase compared with the same week a year ago.

Residential construction September 2020
Research & Analytics

Residential Building Permits Up 8.1% in September

Housing starts also up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau.

ASA 3Q 2020
Research & Analytics

ASA Member Distributors Report Q3 Sales Growth

American Supply Association said Monday that its member distributors reported an average sales growth of 2.5% and a median sales growth of 4.1% for the third quarter.

Manufacturing and Trade Shipments August 2020
Research & Analytics

Manufacturing and Trade Shipments Down in August

The U.S. Census Bureau announced that the combined value of distributive trade sales and manufacturers’ shipments and inventories for August was down 0.4% from the same month last year.