The 2020 Mid-Year Economic Update_long

Research & Analytics

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Real GDP by state
Research & Analytics

Real GDP Decreased in All 50 States in 2Q

Overall growth in real GDP slowed in the second quarter from the first quarter of 2020, according to the U.S. Bureau of Economic Analysis.

IRCG-Pandemic-Revenue-Index-September-21-25-2020-v2
Research & Analytics

Pandemic Revenue Index Dips 0.7%

Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Sept. 21 to Sept. 25 indicated a 0.7% decrease compared with the same week a year ago.

HARDI Trends August 2020
Research & Analytics

HARDI Distributors Report 4.5% Revenue Increase in August

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) this week released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 4.5% during August.

Real GDP
Research & Analytics

Real U.S. GDP Down 31.4% in 2Q According to ‘Third’ Estimate

The decrease in real GDP reflected decreases in PCE, exports, nonresidential fixed investment, private inventory investment, residential fixed investment, and state and local government spending that were partly offset by an increase in federal government spending.

Census Bureau economic indicators
Research & Analytics

Census Bureau Releases Two Advance Economic Indicators for August

The U.S. Census Bureau this week released advance indicators showing that the international trade deficit and wholesale inventories both increased in August.

durable goods
Research & Analytics

Advance Report: New Orders for Durable Goods Up 0.4% in August

Increase of manufactured durable goods is fourth in a row following the double-digit growth in May, high-single-digit growth in June and double-digit growth in July, which had been preceded by two decreases during the height of the coronavirus crisis.

Technology

Download this Issue as a PDF: September 25 2020

This issue of MDM Premium features our annual Market Leaders listings of the top distributors in the U.S. See the rankings in key categories, and learn how several of the ranked companies put themselves in a strong market position in 2019 that has fared them well throughout the disruption of 2020.

August home sales
Research & Analytics

Home Sales Spike in August

Latest data shows a 43.2% jump in home sales from the same month a year ago, giving distributors that sell building materials and other construction materials a second straight month good news on this front.

September economic trends
Research & Analytics

Is It Back to ‘Business as Usual’ for the Economy?

The start of fall has brought some familiar rhythms to the latest batch of economic reports — some good, some bad — and this balance has a familiar feel for wholesale distributors.

IRCG-Pandemic-Revenue-Index-September-14-18-2020
Research & Analytics

Pandemic Revenue Index Shows Nice Gain in Non-Holiday Week

Indian River Consulting Group’s weekly PRI for the work week of Sept. 14-18 indicated a sales increase of 4.9% versus the same week in 2019, which is the largest increase outside of a week distorted by a holiday.