There’s a lot of news crossing your desk almost daily projecting either manufacturing growth (BOOM) or manufacturing declines (Bust).
Here’s one study that digs deeper into the facts, and gives manufacturing a all-out positive projection. It’s global study by
Moody’s Investor Service showing a more wide-ranging recovery based on strength in key end markets…and that’s definitely good news for local manufacturing.
It points to continued growth in key end-markets like energy and commercial aerospace, but also more wide-ranging markets, including building products/tools, HVAC, automotive, industrial automation and construction.
Their overall assessment: “The continuing recovery of the global economy should provide a support for industrial activity.”
You can read more about it here