July's PPI increased at a faster pace in July vs. June, with core CPI posting its biggest one-month increase since February.
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Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, also declined during the month.
Consumer prices increased at a slightly higher pace than in June, while core inflation ticked downward.
The annual sales growth for the 12 months through June 2023 is 6.3% percent, according to HARDI's monthly report.
New orders for manufactured goods in June — up 6 of the past 7 months — increased $13.4 billion or 2.3%.
After re-acquiring HD Supply in 2020, The Home Depot reveals plans for the MRO distributor’s role in expanding market reach.
Year-to-date construction spending through the first half of the year was up 3.0% vs. 2022.
For a second straight month, none of the PMI's 10 subindexes registered monthly expansion.
The official manufacturing purchasing managers’ index (PMI) was 49.3 in July, data from the National Bureau of Statistics showed.
After years of financial trouble and recent labor disrupts, North America’s third largest truck carrier is filing for bankruptcy.
The Conference Board Consumer Confidence Index rose again in July to 117.0, up from 110.1 in June and to the highest level since July 2021.
In the latest Baird-MDM quarterly industrial distribution survey, we asked how manufacturers could make partnerships more efficient. See our analysis and plenty of respondent commentary.
It was the fourth consecutive monthly increase, and more than twice the increase of May.
Amid cooling inflation, that figure is an acceleration from 1Q's 2.0% growth.
Bob Jordan, VP of MDM Analytics, provides a walkthrough of how that business unit works and the value it provides to the industry.
The increase follows a one-month pause in June and despite recent sharp declines in wholesale and consumer inflation rates.
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.
Missed MDM's free Virtual Profitability Summit? It's now available on-demand. Here, find a quick recap of some final thoughts from the event.
An expected slowdown in deals did set in during the quarter’s final month, but June was still busy by recent historical standards.
Inconsistent, sluggish revenue numbers dogged some distributors during the second quarter, according to the latest Baird-MDM survey.
