Avnet's third annual Insights Survey revealed engineers' growing optimism about supply chain conditions, but uncertainty about demand.
Latest In Research & Analytics
U.S. consumer prices were unchanged in October vs. September, while the annual rate continued to decelerate.
The year-over-year and year-to-date figures were down by far more.
Overall, revenue outlooks for 2023 and 2024 improved for a second straight month. Mike Hockett dives into the U.S. Census Bureau’s latest wholesale trade data.
Machinery and auto parts inventory drove the first monthly gain since February.
Insights from MDM's annual conference and Baird's quarterly survey highlight a month that overflowed with Premium content.
More than three-fourths of executives who responded to the 3Q 2023 Baird-MDM Industrial Survey said they expect either flat or modest growth in 2024.
The annual sales growth for the 12 months through September 2023 is 3.5%.
August’s growth was considerably revised upward, from 0.5% to 1.0%, according to new data from the Census Bureau.
'Economic activity expanded at a strong pace in the third quarter,' the central bank said in a statement Nov. 1.
It followed two straight months of improvement, retracting further into contraction territory.
Following 2 consecutive monthly decreases, new orders increased $13.2 billion (or 4.7%) to $297.2 billion, the Census Bureau said.
3Q23 revenue growth for industrial sectors declined 0.5%, according to the latest Baird-MDM Distribution Survey. Premium members can get our resulting MarketPulse report now.
It dwarfs the 2.1% growth seen in 2023's second quarter.
Mike Hockett examines where wholesale inventory levels are at today, where they are headed and MDM’s latest data on just how big of an issue excess inventory may be entering 2024.
U.S. cutting tool consumption totaled $219.2M, according to the U.S. Cutting Tool Institute and Association For Manufacturing Technology.
The 3Q23 Baird-MDM Survey revealed new quantitative data on industry-wide frontline hiring/retention, and plenty of interesting commentary.
Industrial production increased 0.3% during the month and advanced at an annual rate of 2.5% in the third quarter.
However, certain markets continue to see strong demand and runway, led by U.S. manufacturing.
Mike Hockett examines the latest economic trending data as it pertains to wholesale distributors, including their revenue expectations through next year.
