Adam J. Fein, Ph.D., of Pembroke Consulting, recently reported his outlook for 2010 in an MDM Webcast. He provided an overview of macroeconomic conditions, data on sales and inventory trends for distributors, and major end market and sector trends. Here’s a summary of that Webcast, exclusively for MDM Premium subscribers.

The good news: We are in the midst of a recovery. Bad news: The aftereffects of the recession will last for a number of years. That was part of Adam Fein’s message in a recent MDM Webcast, “Growth Planning for 2010: Economic Update with Adam Fein.”

“It’s not going to feel as robust as previous recoveries because of some of the overhang, but it is going to be a recovery,” Fein said. “It is going to be growth.”