DocMemory
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Saturday, May 26, 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
California court ordered Samsung to pay $539 million in damages to Apple5/25/2018
Chinese foundries work hard to transition towards sub-10nm process5/25/2018
China starts to supply processor chips from domestic semiconductor makers5/25/2018
The chip world has to go “heterogeneous integration” (HI)5/25/2018
A startup works with Imec to shrink the SRAM cell5/24/2018
TSMC starts production on Apple next generation chip5/24/2018
Wyoming bets on blockchain economy5/24/2018
European economy still weak5/24/2018
A shortage on 200mm fab. capacity5/23/2018
Samsung and SK hynix plan to invest US$42 billion on semiconductor manufacturing5/23/2018

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