MAPI U.S. Industrial Outlook: A Moderate Pace of Growth Is Expected Following the Winter Boom

Thursday, June 14, 2012

MAPI forecasts that manufacturing growth will outperform overall GDP growth in 2012 and 2013. There is pent-up demand for consumer durables (particularly motor vehicles), firms are profitable and need to spend more for business equipment, and the rebound in nonresidential construction signals capacity-expanding business investment. Oil and natural gas activity is also contributing positively.