The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for January increased 7.1% from the same month last year.
Eric Smith
Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
Posts By Eric Smith
How did the public distributors (and manufacturers relevant to this space) perform in the calendar fourth quarter? Our recap provides highlights of their revenue and earnings results.
Distributors expand to Mississippi with addition of two branches, in Laurel and Pearl.
According to the Industrial Production and Capacity Utilization Report, manufacturing output decreased 3.1% during the month.
Watsco will expand into the Midwest with the addition of a $291 million HVAC distributor.
Ferguson invested $224 million in acquisitions during the first half of fiscal 2021.
Distributor announced the sale of its business division in January.
Amazon's new fulfillment center in Amarillo will create hundreds of new full-time jobs.
Dakota Supply Group announced plans to open a new branch in Watertown, South Dakota, next month.
Motion names James Howe to e-commerce leadership role and Joe Limbaugh to supply chain leadership role.
The company also saw net income dip 15.7% compared to 2019, due primarily to a non-cash pension settlement charge.
Wholesale trade shows improvement from same month in 2020 and from the previous month of December, according to the latest report from the U.S. Census Bureau.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of March 1-5 increased 9.1%. This is the final PRI that IRCG will release.
What distributors need to know about buying and selling as they navigate the post-pandemic consolidation boom.
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Saltiel will replace Andrew Lane, who announced his retirement last May.
MRO and industrial distributor DXP Enterprises Inc. posted a loss of $28.8 million in the year, but the company also completed some acquisitions in 4Q.
But new orders placed in January marked a 29% decrease from December 2020, according to the most recent U.S. Manufacturing Technology Orders report.
Industrial distributor appoints Julie Myerholtz to lead the company's cybersecurity vision and strategy.
Year-over-year, the goods and services deficit increased $23.8 billion, or 53.7%, from January 2020.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 22 to Feb. 26 increased 13% as the PRI nears its one-year anniversary and, therefore, its conclusion.
