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June saw solid gains in manufacturing output, highlighting significant growth in the industrial sector.
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The latest AMT report showed a slight decrease from April but a 1.8% increase compared to the same period a year earlier.
May's monthly figure was also revised up from a slight decline to flat.
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Here's the condensed, free version of the first in a three-part Premium series that examines the state of Wesco International and the strategic pillars powering the organization.
Government data indicated that growth considerably accelerated vs. April, both month-to-month and year-over-year.
A new survey of U.S. warehouse operators signaled stabilization in the labor market after years of uncertainty.
It was a major monthly rebound from April's 25.6% decline.
Find a synopsis of our Mid-Year Outlook webcast from June 27 and details on new economic reports MDM is set to roll out.
Spending unexpectedly fell in May, dragged down by private construction.
Missing economists' expectations of an increase, the latest PMI reading indicated contraction for the 19th time in 20 months.
Though weak, it topped economists' expectations.
PMA said its members report a general sense of uncertainty over industrial demand, the election outcome, and whether tariffs will increase.
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If you're a member of a family-owned distributor, consider taking a brief survey that examines trends and business priorities.
It far surpassed economists’ expectations and followed two straight flat months.
The U.S. central bank had collectively forecasted three interest rate cuts in 2024 as recently as March 21.
