The fourth quarter of 2020 got off on the wrong foot with the announcement of President Trump’s positive COVID-19 test. This disruption, along with lingering economic factors, caused a drop in the market.
But the good news: manufacturing continued its growth in September for its 5th consecutive month.
This bump in the road is only expecting to have a long-term market effect if it is seen to have an influence on the upcoming election or to public health. Currently, MDM is forecasting a bounce-back with positive revenue growth for the wholesale distribution industry for 2021.
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