Latest In Economic Trends
Distributors and their suppliers say they continue to see strong demand for industrial and commercial products, with no real slowdown in sight.
New orders of manufacturing technology totaled $519.3 million in September 2022, a 13% increase from August, according to a new AMT report.
Key sub-indexes of orders, production and employment each rose from Sepember, but were more than offset by declines elsewhere.
The construction industry had 422,000 job openings in September, according to an Associated Builders and Contractors’ analysis.
The quarterly Baird-MDM industrial distribution survey gauged distributors' confidence heading into 2023. Here's what they had to say about pricing expectations.
Mike Hockett breaks down the latest figures showing distributors' expectations for 2023 and beyond, as well as data that illustrates why distributors are still struggling with staffing despite a growing labor pool.
Mike Hockett analyzes the noticeably different levels of optimism in the commentary given by industrial distributors Fastenal and Motion in their third-quarter earnings calls.