New orders for manufactured goods in July decreased month over month to $12.7 billion, a 2.1% decline from June.
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With budgets and operational planning already eyeing the year ahead, Mike Marks and Tom Gale explore where distributors have the most leverage, and where their common gaps are.
Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1.97 trillion.
While in contraction territory for a 10th straight month, a handful of key subindexes trended positive vs. July.
The increase in real GDP reflected increases in consumer spending, nonresidential fixed investment, and state and local government spending.
Despite improved conditions, distributor-supplier relations still suffer from damaged trust, inefficient processes and low visibility. This piece advises on leveraging rebates to sustain partnerships.
Concerns over a potential recession are easing, but implementing new tech remains a challenge, according to the survey.
Where is your team today in the skills and capabilities that will define your future growth rate and ability to out-compete effectively? Tom Gale eyes the critical next few years in B2B distribution.
New orders for manufactured durable goods in July were down following four consecutive monthly increases, according to U.S. Census Bureau data.
Association data shows metalformers anticipate a modest improvement in incoming orders, while shipping levels declined further in August.
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Picking the right supplier partners can make or break a distributor's long-term success. Here are top factors to consider as you vet a new strategic supplier partnership.Â
Manufacturing output rose 0.5% in July, but the growth rates for the previous three months were revised down.
The U.S. Cutting Tool Institute has optimism that tool sales for the remainder of the year will be positive as hiring pressures ease
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Interos surveyed 750 companies with annual revenues above $500M from industries including energy, financial services, oil and gas, healthcare, government and aerospace.
New orders of manufacturing technology totaled $411.3M in June, according to the latest U.S. Manufacturing Technology Orders Report.
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July's PPI increased at a faster pace in July vs. June, with core CPI posting its biggest one-month increase since February.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, also declined during the month.
