New markets and overhauled operations are producing major dividends at leading distributors DXP Enterprises, NOW Inc. and MRC Global.
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Year-to-date orders ended June up 13%, however, and officials expect the market to receive an annual boost from the September IMTS show.
We share commentary from the newest Baird-MDM Industrial Distribution Survey that highlights the issues viewed as most worrisome in the year ahead.
Large distributors have voiced considerable optimism amid all the economic concern. Do smaller firms feel the same way?
Questions about economic concerns, distribution inventory management and the future of hybrid work were among topics covered in MDM's July 2022 Premium Monthly, now available for download.
We all know the distribution sector is highly fragmented, but to what extent? A chat with McKinsey partners Alex Abdelnour and Kevin Sachs dives into the state of fragmentation within various markets and the factors that separate leading distributors from laggards.
Downward pressure on nonresidential spending is likely to only intensify, and the situation looks even worse when adjusting for inflation.
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report reflecting the month of June.
It was the slowest expansion since June 2020 as prices took a major month-to-month decline while employment posted improvement.
The independent distributor organization says total member sales in the first six months of 2022 were $36.1 billion.
The U.S. Census Bureau announced data for international trade, wholesale inventories and retail inventories advance for June 2022.
Fastenal, MSC Industrial Supply, MRC Global and more have voiced considerable optimism despite numerous economic red flags.
For the first time since summer 2020, both single-family starts and permits fell below a 1 million annual pace, NAHB says.
New data provided to MDM offers an update on distributors’ 2022-2024 revenue expectations and forecasts overall economic trajectory.
Our latest podcast focuses on maintaining perspective and paying attention to actions and tangible data amid all the broad economic downturn talk.
The Producer Price Index for final demand increased 1.1% in June compared to the prior month, the Bureau of Labor Statistics reported.
May orders were down 14% from April 2022 but nearly equal to May 2021 orders with a modest 1% decline.
The deficit was $85.5 billion in May, down $1.1 billion from $86.7 billion in April, the Census Bureau and Bureau of Economic Analysis said.
MDM’s Mike Hockett shares new Census Bureau data that illustrates the gap between wholesale distributors’ reported vs. “real” revenues over the past year.
In the wake of another — and bigger — Fed rate hike aimed to tame inflation, we examine a number of economic indicators from the past two weeks.
