In the fourth quarter, real GDP grew at an annual rate of 2.6 percent.
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The Coincident Economic Index for the U.S. increased 0.3 percent in December.
MDM held its 2018 Distribution Industry Outlook webcast in January, including the latest economic outlook, financial and trend indicators, and MDM’s thesis that 2018 is an inflection point of several multi-year trends.Subscribers should log in below to read this article.
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Examining which features are important is the first step to staying competitive.
Robert W. Baird & Co., in partnership with Modern Distribution Management, conducted a survey of more than 500 distributors and manufacturers to gauge business trends and the outlook for the distribution industry in diverse sectors. Here is a summary of fourth-quarter 2017 results and distributor and manufacturer expectations for 2018.
This article includes:
- Fourth-quarter and annual revenue & pricing trends for wholesale distribution
- Revenue forecasts for 2018
- Sector-specific trends for 19 sectors
- Inventory levels
- Economic outlook for 2018
Subscribers should log-in below to read this article.
Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- Millennials in Distribution: No Magic in US LUMBERs Strategy
- Endgame Strategy: A Must for Distributors
- Graingers Pricing Initiative, pt 2: The Quest for Optimization
Real GDP by state growth ranged from 5.7 percent in Delaware to 0.5 percent in South Dakota.
About three-fourths of distributors prioritizing talent in 2018
Spending on apartment buildings led the increase.
The index's three-month moving average, CFNAI-MA3, decreased during the month.
Is distribution's upbeat fourth quarter sustainable?
Privately-owned housing starts for December were up 2.8 percent year-over-year.
Eighteen of 22 industry groups contributed to the increase according to GDP by industry statistics.
Higher sales in transportation equipment, petroleum and coal product accounted for most of the increase.
Manufacturing in December increased 2.4 percent year-over-year.
Webcast delivers the tools you need to compete in 2018.
Total investment increased 1.2 percent in 2017 compared with 2016.
Orders were up 19 percent compared to last year.
The two departments can seem at odds, but cooperation can reap unexpected benefits.
The value of permits for all building components declined, with the exception of single-family dwellings.