Monthly wholesale inflation increased modestly in October month-to-month year-over-year, following an increase in consumer prices.
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Things moved more optimistically overall in our latest forecast update for both 2024 and 2025 revenues.
September orders expectedly had a boost from the biennial IMTS event, but less than usual.
September inventories were down 0.2% from August, and down year-over-year.
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
A second straight monthly increase put the total at a healthy increase both year-over-year and year-to-date.
The PMA report shows that metalforming manufacturers are approaching the next months with caution, due to economic uncertainty.
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
It provides a thorough look at the state of the U.S. wholesale distribution economy today and what factors are influencing underlying demand.
It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
Orders rose 0.4% when excluding aircraft and autos.
!!Presidential election years can cause business caution when it comes to spending. We asked hundreds of distributors about it in an October survey.
The WTO predicts a 2.7% increase for the rest of 2024 and 2025, while cautioning about potential setbacks from regional conflicts.
The IMF projects a decrease in global inflation while predicting slower 2025 economic growth in the U.S. and other regions.
The report shows a decline in housing units and starts, despite a slight increase in single-family authorizations.
Explore the response and recovery of a sweeping three-day port strike on the distribution industry. Who was prepared?
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
This year is shaping up to have less than half the annual growth that was originally projected, illustrating longer-than-expected industrial softness.
