While less than half of January's gain, February's wholesale inventories gain was likely driven by manufacturers and distributors frontloading on goods ahead of tariff impacts.
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March’s Consumer Confidence Index decreased for the fourth consecutive month, with expectations at the lowest level in 12 years.
February's figure considerably outperformed economists' forecast of a decline.
Dun & Bradstreet is a business data and analytics provider offering a range of services for risk and financial analysis.
The Fed elected to hold the rate after enacting three cuts over the final four months of 2024.
U.S. cutting tool consumption declined year-over-year reflecting economic and political uncertainty.
The report shows a double-digit increase in housing starts month-to-month, while building permits saw a decline vs. January.
U.S. industrial production rose in February, driven by gains in manufacturing and mining, surpassing expectations despite a decline in utilities.
The survey showed U.S. consumer sentiment significantly dropped in March, with inflation expectations hitting their highest level since 1993.
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ABC reported a major rise in the iron and steel commodity price, likely driven by tariffs that have given domestic producers greater pricing power.
The monthly PPI went unchanged in February following considerable increases in January and December, driven by a decline in final demand services.
The CPI trailed economists’ expectations, and did not capture the potential impact of tariffs on consumers.
Kevin Reid-Morris has led much of MDM's AI research over the past few years, and he's set to share the results of a major two-year project at our May SHIFT conference. He and Tom Gale discuss the transformative impact of AI in distribution and that project which identified over 50 practical AI use cases.
Despite some uncertainty, NetPlus Alliance members remain optimistic about growth in 2025, according to the group's latest Industry Outlook report.
January's report had mixed performance signals amid global trade uncertainties.
January wholesale sales showed a monthly decline that nearly negated December's strong growth, while nventories surged after sliding for four straight months.
This comprehensive report is a guide to the industrial economy for wholesale distribution executives, providing a historical, current and future snapshot of numerous key economic indicators in one convenient place in a scannable format.
January had a modest sales increase, continuing growth following December’s spike.
