The 2020 Mid-Year Economic Update_long

News

Latest

Breaking news in Wholesale Distribution

Real GDP 3Q 2020 Second Estimate
Research & Analytics

Real U.S. GDP Up 33.1% in 3Q According to ‘Second’ Estimate

The increase in real GDP reflected increases in PCE, private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending.

Technology

Download this Issue as a PDF: November 25 2020

Introducing the latest class of MDM Future Leader Award winners — 10 talented and digitally focused leaders under age 40 who are enhancing the market at every turn.

Champion golden trophy for winner background. Success and achievement concept. Sport and cup award theme.
Leadership

Motivated, Talented and Full of Industry-Changing Ideas: Meet the Next Class of MDM Future Leaders

Chosen from dozens of talented nominees over a month-long online nomination process, the latest MDM Future Leader Award winners represent the cream of the crop among the field of under-40 distribution talent.

Big data analytics and business intelligence concept with chart and graph icons on a digital screen interface and a businessman in background
Leadership

Commentary: The Future of Distribution Looks Bright

The latest group of MDM Future Leader Award winners are setting the stage for the next generation of distribution with their focus on technology-based initiatives.

Bossard Group
Operations

The Bossard Group Invests in Welding Business

Swiss fastener distributor The Bossard Group has invested a 40% stake in the startup company MultiMaterial-Welding AG, Stansstad, Switzerland.

Waving flag with Emerson Electric logo. Editorial 3D
Operations

Emerson Completes Acquisition of 7AC Technologies

Emerson says acquisition will help the company’s customers “further their sustainability goals through better air management.”

Avnet
Leadership

Avnet Names Phil Gallagher CEO

Gallagher, who has been with Avnet for 37 years, had been serving as interim CEO since August

CFNAI October 2020
Research & Analytics

Chicago Fed National Activity Index Improves to +0.83 in October

Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in October, and three of the four categories increased from September.

MSC Industrial office building
Leadership

MSC Industrial Supply Names VP for Cross-Channel Growth

Industrial distributor appoints Mark Pickett to newly created role for “leading and driving a consistent brand experience for customers across all of MSC’s platforms and channels.”

Protective Industrial Products Inc.
Operations

Protective Industrial Products Adds Bolt-On PPE Supplier

PE-backed PPE manufacturer Protective Industrial Products Inc. has bought Primax Manufacturing & Trading Inc., a maker of safety gloves and other protective clothing.

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