MDM's 2022 Industry Outlook Webcast Cites Positive Momentum

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U.S. distributors reported a record year in 2021 for revenues while protecting margins—in spite of continued pandemic and supply chain pressures in the back half of 2021. And the outlook for 2022 is positive as economic and market indicators point to “new-normal” disruptors stabilizing. Those are a few of the takeaways from the MDM 2022 Annual Distribution Industry Outlook webcast summary from Modern Distribution Management.

“We are in an accelerating early-cycle economy,” said David Manthey, senior research analyst for Baird. And while the hot pace of the construction and building materials sectors cools, industrial sectors are well positioned for growth and pricing in 2022 and beyond. Manthey presented an overview of key industry sector economic performance and indicators, as well as the fourth quarter 2021 results of the latest Baird-MDM industry survey.