Industry Insight Report: Industrial Supply Distributors Q1-2025
Industry Insight Report: Industrial Supply Distributors Q1-2025
New Highs for Prices and Wages
Producer prices for machinery and supply wholesalers reached a new high in December, rising 4.8% compared to a year ago, according to the latest US Bureau of Labor Statistics data. Sales for machinery and equipment wholesalers rose 0.9% year over year in November but fell 13.8% versus October, according to the Census Bureau. Meanwhile, inventories continued to rise, up 6.1% YoY in November, approaching record high levels. Employment by industrial supply distributors grew 0.6% YoY in November, while average industry wages climbed 8.5% over the same period to a new high of $30.36 per hour, BLS data show.
News Spotlight:
Honeywell, One of the Few Remaining U.S. Industrial Conglomerates, Will Split into Three Companies Industrial Distribution: Full Article »
Industry Forecast
Sales for the US industrial supply distributors industry are forecast to grow at a 2.52% compounded annual rate from 2025 to 2029, slower than the growth of the overall economy.
By the Numbers
Employment by industrial supply distributors is relatively flat Overall employment by industrial supply distributors changed -0.3% in January compared to a year ago, according to the latest data from the Bureau of Labor Statistics.
Wages at industrial supply distributors rise Average wages for nonsupervisory employees at industrial supply distributors were $30.07 per hour in January, a 6.4% change compared to a year ago.
Lion Business Advisors quarterly industry insights data provided by VerticalIQ industry intelligence platform
Industry Insight Report: Industrial Supply Distributors Q1-2025
New Highs for Prices and Wages
Producer prices for machinery and supply wholesalers reached a new high in December, rising 4.8% compared to a year ago, according to the latest US Bureau of Labor Statistics data. Sales for machinery and equipment wholesalers rose 0.9% year over year in November but fell 13.8% versus October, according to the Census Bureau. Meanwhile, inventories continued to rise, up 6.1% YoY in November, approaching record high levels. Employment by industrial supply distributors grew 0.6% YoY in November, while average industry wages climbed 8.5% over the same period to a new high of $30.36 per hour, BLS data show.
News Spotlight:
Honeywell, One of the Few Remaining U.S. Industrial Conglomerates, Will Split into Three Companies
Industrial Distribution: Full Article »
Industry Forecast
Sales for the US industrial supply distributors industry are forecast to grow at a 2.52% compounded annual rate from 2025 to 2029, slower than the growth of the overall economy.
By the Numbers
Employment by industrial supply distributors is relatively flat
Overall employment by industrial supply distributors changed -0.3% in January compared to a year ago, according to the latest data from the Bureau of Labor Statistics.
Wages at industrial supply distributors rise
Average wages for nonsupervisory employees at industrial supply distributors were $30.07 per hour in January, a 6.4% change compared to a year ago.
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