ABC reported increases in all three subcategories: natural gas, unprocessed energy materials and crude petroleum.
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Consumption decreased month-to-month, following a healthy gain in August.
Inventories decelerated from identical increases of the previous three months, while sales had a modest acceleration.
Hurricanes Francine, Helene and Milton hampered housing starts in September and October in the South, while the Northeast also struggled.
The distributor IT department has never been busier — consumed with AI strategic planning while concurrently optimizing internal networks. The CIO of a large wholesale redistributor says all of it boils down to ROI.
It followed similar declines in September, hampered by the machinists' strike at Boeing and the effects of multiple hurricanes.
A new labor department report shows workplace injuries and illnesses dropped to their lowest levels since 2003.
The company said it is preparing to adjust pricing and supply chains to mitigate the impact of Trump administration tariffs.
Monthly wholesale inflation increased modestly in October month-to-month year-over-year, following an increase in consumer prices.
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.
These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering July-September.