Mentions of reshoring were substantially more common in 1Q earnings calls compared to a year earlier. What are the factors driving the hype?
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The U.S. Census Bureau shows new orders for manufactured goods, inventories and unfilled orders have increased, while shipments remain down.
Construction spending during April was estimated at a seasonally adjusted annual rate of approximately $1.9 trillion.
Pay for S&P 500 company CEOs in 2022 rose just 0.9% to $14.8 million in median compensation, according to an AP study.
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a seventh straight month in May.
Economists polled by Reuters had expected China's manufacturing PMI to increase slightly in May.
Lowe’s reports a more positive outlook on Pro customer sales as projects shrink and Pros work through backlogs.
The U.S. Census Bureau also said that data for March was revised higher to show that core capital goods declined 0.6% as opposed to the previously reported drop of 1.1%.
A new government estimate says U.S. real gross domestic product increased at an annual rate of 1.3% in 1Q 2023, down from 2.6% in 4Q 2022.
Metalforming companies are projecting a dip in economic activity heading into the summer, according to the Precision Metalforming Association (PMA).
S&P Global's PMI composite output index rose in May, led by an increase in service activity, according to a new report.
The Conference Board LEI provides a barometer of major turning points in the U.S. business cycle and where it's heading in the near-term.
Randy MacLean shares the most effective analytics used by companies to actually control their results and appease all stakeholders.
April marked China's fastest industrial growth since September 2022.
The increase exceeded investor expectations of a 0.1% gain, according to a survey by The Wall Street Journal.
Mike Hockett analyzes the Census Bureau's latest wholesale trade data and how it compares with commentary MDM has gathered.
Some markets voiced robust 1Q demand while others saw things at least start to slow. Here’s what distribution execs had to say in the 1Q 2023 Baird-MDM Survey.
Cutting tool consumption totaled $225.6M, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
Salaries for U.S.-based supply chain professionals continue to rise, with median income reaching $98,570 in 2023, according to ASCM data.
In the 12-month period through April, the PPI increased 2.3%, following a 2.7% gain in March, the Bureau of Labor Statistics said.
