We polled nearly 200 distributors about how their budgets for attending industry events has changed in the past several years. Here’s what the data told us.
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The report shows a decline in housing units and starts, despite a slight increase in single-family authorizations.
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Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
This year is shaping up to have less than half the annual growth that was originally projected, illustrating longer-than-expected industrial softness.
Despite slower order placements compared to those placed in 2023, order activity continues to exceed historical levels.
Monthly U.S. wholesale inflation held steady in September, while continuing to decelerate year-over-year.
Monthly, September's modest increase matched that of August and July.
August inventories increased year-over-year, while remaining unchanged from July.
The survey reveals rising costs and tightening profit margins, highlighting trends in warehouse pricing and labor expenses from 2022 to 2024.
The August decrease followed a healthy 4.9% increase in July.
Our EOR serves as a comprehensive economic reference guide to the $8 trillion U.S. wholesale distribution industry and its 19 different sectors.
The report indicates continued economic uncertainty as demand weakens and contraction persists across many manufacturing sectors.
Despite a 4.1% increase year-over-year, August spending declined month-to-month.
Associations reported financial optimism, with a growing focus on technology investment and adaption to market challenges.
A solid but unspectacular volume month featured the news of two top electrical distributors combining.
August orders remain virtually unchanged, following a substantial 9.9% increase in July.
September's Consumer Confidence Index decreased to the lowest level since August 2021, reflecting consumer concerns about the labor market.
Some surveyed distributors remain cautious due to high interest rate, inflation, poor economy and a general slowing of business.
