We distill results of the 2Q23 Baird-MDM Industrial Distribution Survey's polling of respondent expectations for the impact of government programs and reshoring on theIr businesses in the next 5-10 years.
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The Fastener Distributor Index recovered in February to 56.0, rebounding after January’s seasonal-adjustment-driven downtick.
The adjusted Fastener Distributor Index was 52.7, although modest improvement was seen in most metrics, according to the latest analysis.
Like a New Year’s hangover, pricing and inflation shape 2022 challenges, says the latest Baird-MDM Industrial Distribution Survey.
Annualized growth rate of 9.8% capped a strong 2021 for industrial distribution channels, according to MDM's latest MarketPulse report.
The forecast is positive for 2022 and beyond as the economy is expected to stabilize, according to MDM's 2022 Industry Outlook.
