The outlook for the manufacturing industry for 2015 is generally positive. The team at Manufacturing.net has put together an interesting Infographic that describes the state of the manufacturing industry.
View Infographic
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Showing posts with label Manufacturing Outlook. Show all posts
Showing posts with label Manufacturing Outlook. Show all posts
Friday, January 30, 2015
Tuesday, November 25, 2014
Strong 2015 Predicted for Manufacturing
According to a new report recently released by The MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation (MAPI), the solid growth in jobs and increasing replacement demand for equipment will provide a stable base for overall economic growth in 2016.
The MAPI Foundation predicts that inflation-adjusted gross domestic product will expand 2.8% in 2015 and 3.0% in 2016. Both are declines from the August report—of 3.0% and 3.3%, respectively.
Manufacturing production is expected to outpace GDP, with anticipated growth of 3.5% in 2015 (a decrease from 4.0% in the previous forecast) and 3.9% in 2016 (an increase from 3.6% in the August report).
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The MAPI Foundation predicts that inflation-adjusted gross domestic product will expand 2.8% in 2015 and 3.0% in 2016. Both are declines from the August report—of 3.0% and 3.3%, respectively.Manufacturing production is expected to outpace GDP, with anticipated growth of 3.5% in 2015 (a decrease from 4.0% in the previous forecast) and 3.9% in 2016 (an increase from 3.6% in the August report).
Read more
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