Supply chain issues continue to plague the industry, while persistent inflation and conflict abroad could create additional market chaos. Here's what it means for distributors.
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An Associated Builders and Contractors analysis of Producer Price Index data shows construction input prices are up 24.4% from a year ago.
The combined value for January, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,784.8 billion.
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Value-added suppliers can help customers manage current supply challenges, says Gartner supply chain and procurement expert.
Manufacturing technology orders for the month totaled $436.6 million, according to the latest U.S. Manufacturing Technology Orders Report.
In a recent MDM webcast, ProfitOptics CEO and Founder Tony Pericle summarizes how distributors can overcome supply chain challenges by addressing product availability issues, building better customer-profit models and asking the right questions.
The year-over-year increase reflected the 12 months ending in February and was the biggest spike in 40 years, the Labor Department says.
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Exports were $224.4 billion, $3.9 billion less than December exports. Imports were $314.1 billion, $3.8 billion more than December imports.
MDM this year has hosted an array of guests from across the distribution industry, and many of them have reflected similar outlooks: Challenges may persist, but companies are eyeing realistic paths to growth.
The Fastener Distributor Index recovered in February to 56.0, rebounding after January’s seasonal-adjustment-driven downtick.
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Manufacturers' goods, construction spending and advance wholesale inventories rose in January, according to data from the federal government.
In the MDM Podcast this week, Global Industrial CEO Barry Litwin discussed the company’s 2021 financial performance, as well as the strategic initiatives it is undertaking to continue a transformation process.
A recent GDP forecast revised upward for last year's 4Q, but 2022's pace of growth so far is slower than 2021. Brian Lewandowski from the Leeds School of Business at the University of Colorado outlines how recent trends may impact distributors.
Real gross domestic product increased at an annual rate of 7% in the fourth quarter of 2021, according to the ‘second’ BEA estimate.
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