Monday, August 11, 2014

Manufacturing Outlook: Positive!

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