The IMF modestly raised its global and U.S. growth forecast for 2025 and 2026, citing easing inflation, improved financial conditions and reduced trade tensions.
Latest In Economic Trends
U.S. GDP rebounded sharply in the second quarter of 2025, driven by stronger consumer spending and a drop in imports.
U.S. cutting tool consumption was down from April and year-over-year, as the market continues to face soft demand and economic uncertainty.
U.S. durable goods orders dropped sharply in June, led by a plunge in aircraft demand, though the overall decline was milder than economists anticipated.
Though still pessimistic overall, the outlook is up notably from a downtrodden spring.
The Conference Board's June 2025 report shows continued decline in its Leading Economic Indicator, signaling slower growth ahead.
U.S. housing starts rose in June from a downtrodden May but remained slightly below last year’s levels, with weakness in single-family starts and permits.
Our second quarter MarketPulse shares a wealth of data from the 2Q25 Baird-MDM Industrial Distribution Survey - conducted in early July - that covered respondents' revenue performance, pricing updates and expectations for the current quarter and rest-of-year, plus plenty of commentary.
U.S. industrial production rebounded in June, surpassing forecasts, driven by a sharp rise in utilities and modest manufacturing gains.
U.S. producer prices were flat in June, falling short of expectations as cooling goods costs offset a rise in services.
U.S. consumer prices increased in June, while core inflation continued to rise at a slower pace for the fifth consecutive month below expectations.
U.S. manufacturing technology orders rose in May compared to last year, signaling steady recovery despite monthly declines and ongoing economic uncertainty.
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U.S. wholesale trade dipped in May, with sales down and inventories falling for the first time since December 2024. Nondurable sales dragged down the overall figure.
Alongside MDM and NAW's own research into how tariffs are impacting distributors, a pair of new reports share fresh statistics on wholesale trade's outsized brunt of the economic burden from them.
The jump followed an April decline and matched economists’ expectations.
Construction spending declined in May, driven by continued softness in both residential and nonresidential private construction.
U.S. manufacturing activity remained in contraction during June for a fourth straight month, but the improvement topped economists' expectations and snapped three straight months of monthly decline.
U.S. wholesale inventories fell in May, missing forecasts, as the trade deficit widened and retail inventories edged higher.
U.S. durable goods orders surged in May, driven by a sharp rebound in transportation equipment led by a jump in aircraft demand.
