The 2020 Mid-Year Economic Update_long
Read These First

HARDI Distributors Report 24.3% Revenue Jump in June

Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.

Research & Analytics

HARDI Distributors Report 10.2% Revenue Decline in May

The average annual sales growth for the 12 months through May 2020 is 0.4%.

Durable Goods - US Census
Research & Analytics

Advance Report: New Orders for Durable Goods Grew 15.8% in May

New orders for manufactured durable goods in May increased $26.6 billion or 15.8% to $194.4 billion, according to the U.S. Census Bureau. This increase in ...

Research & Analytics

First-Quarter U.S. GDP Down 5% According to Third Estimate

Real gross domestic product (GDP) decreased at an annual rate of 5 percent in the first quarter of 2020, according to the “third” estimate released Thursday ...

stock market chart on computer_b&w
Research & Analytics

IRCG’s Weekly Pandemic Revenue Index Declines Again

Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of June 15-19 indicated an 5.7% decrease compared with the same week ...

Economic Trends

Chicago Fed National Activity Index Rises to +2.61 in May

All four broad categories of indicators used to construct the index made positive contributions in May, and all four categories increased from April.

Economic Trends

U.S. Cutting Tool Consumption Plummets 31.1% in April

Latest report shows U.S. cutting tool consumption down 24.7% from previous month of March.

Meeting of business team working with gadgets and documents
Economic Trends

Outside Sales Pricing Support During an Economic Slowdown

In many cases, distributor sales people report that they cant remember the last time they have reviewed their pricing with their leaders. MDMs John Gunderson shares five steps pricing teams take to maintain margins.

Economic Trends

Residential Building Permits Down 8.8% in May

Housing starts also down compared to year-ago period but up compared to April, according to U.S. Census Bureau data.

Economic Trends

IRCG’s Weekly Pandemic Revenue Index Shows Decline

PRI dips 8.5% for the week of June 8-12, indicating distributors are still struggling during pandemic.

Economic Trends

Manufacturing Output Increases 3.8% in May

According to the Industrial Production and Capacity Utilization Report, total industrial production grew 1.4% during the month.

Social Media Auto Publish Powered By :