Industry News
CST News
Member Area
Tester Brochure
Demo Library
Tester FAQs

biology medicine news product technology definition

Sunday, August 19, 2018
Memory Industry News
Email ArticlePrinter Format PreviousNext

Manufacturers Alliance forcast good manufacturing business

Thursday, November 30, 2017

The Manufacturers Alliance for Productivity and Innovation (MAPI) Foundation has released its fourth quarter forecast for 2017. The Moderate Manufacturing Outlook Amidst an Improving Global Picture report indicates that durable and continuing global economic recovery is propelling a modest rebound in U.S. manufacturing growth after years of virtual stagnation. Looking at both optimistic and pessimistic scenarios, MAPI projects a range for U.S. manufacturing growth through 2021 of between 1.2 and 1.8 percent.

“The current leadership transition at the Federal Reserve is creating uncertainty for domestic and global economies,” noted Cliff Waldman, chief economist for the MAPI Foundation, in a press release. “The nomination of Jay Powell to succeed Janet Yellen as the Fed Chair creates an unknown factor for monetary policy.”

Other uncertainties include:

Growing protectionist policies in North American could affect manufacturing globally.

Tensions with North Korea and Iran could dampen global capital expenditures.

Signs of growth include:

Despite hurricanes Harvey and Irma, the U.S. economy continues to grow in recent months. U.S. GDP growth is up, along with a significant acceleration in business equipment spending since the beginning of 2017.

Despite potential political instabilities, Eurozone GDP growth has continued to improve.

The Japanese economy has been steadily rebounding since the beginning of the year, with solid manufacturing output.

Additionally, MAPI’s final forecast of the year, A Strong Turn in Aerospace and Moderate Growth in Capital Goods and Chemicals Propels U.S. Manufacturing, focuses on the manufacturing outlook featuring both improvements and ongoing challenges for the U.S. manufacturing industry. The aerospace, machinery, computers and chemicals subsectors are catalyzing forward momentum for manufacturing growth.

By: DocMemory
Copyright © 2017 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Purdue scientists combines transistor and laser on new FET8/17/2018
EDA giant Cadence Design to expand into Nanjing, China8/17/2018
Infineon to post and sell its IoT chips on Chinese e-commerce site8/17/2018
Nvidia demonstrates ray tracing speed graphics card with GDDR68/17/2018
Job posting implies Apple looking at a health processor8/16/2018
3 more flaws found on Intel Xeon processor8/16/2018
Turkey increased tariffs on certain U.S. products in retaliations8/16/2018
U.S. productivity growth at 2.9 percent8/16/2018
5G roll out in India to detlay8/15/2018
DRAM industry increased its second quarter output to $25.69 billion8/15/2018

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2018 CST, Inc. All Rights Reserved