While annual sales expectations tracked down slightly overall from midyear, almost 1 in 3 members anticipate 2025 growth of at least high-single digits.
Latest In Economic Trends
Overall economic outlook grew more pessimistic vs. October, while expectations for incoming orders had a solid improvement.
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New government data for August manufactured goods matched economists' forecasts and snapped two straight monthly decllines. Get a full breakdown of the figures here.
New Census Bureau figures were some of the first official data released after the U.S. government shutdown ended.
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Despite strong growth in order values, the number of units ordered continues to grow at a slower pace.
October's decline negated September's gain, as weakness in production more than offset modest gains in all four demand subindexes.
It moved the benchmark interest rate to its lowest mark in 3 years, but the lasting government shutdown prompts caution ahead of the next Fed meeting on Dec. 9-10.
More than one-third of surveyed North American metalforming manufacturers expect weaker economic activity in the next three months, while less than 1 in 5 expect improvement.
Core consumer prices in the U.S. rose less than anticipated in September, driven by rising gas prices.
It was an acceleration from August, with nonresidential building leading the way by rising double digits month-over-month.
August U.S. cutting tool stats suggest continued market uncertainty.
Our third quarter MarketPulse shares a wealth of data from the 3Q25 Baird-MDM Industrial Distribution Survey - conducted in early October - that covered respondents' revenue performance, pricing updates and expectations for 4Q25 and 2026, plus plenty of sector-specific commentary.
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The International Monetary Fund emphasized that trade shifts, policy uncertainty and fading momentum weigh on global expansion.
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Manufacturing shows continued resiliance despite some headwinds.
The World Trade Organizaton's latest forecast update showed stark revisions to its 2025 and 2026 growth outlook. Get the key takeaways here.
The government shutdown has suspended construction spending data and halted OSHA inspections and E-Verify services.
