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.
MAPI U.S. Industrial Outlook: A Moderate Pace of Growth Is Expected Following the Winter Boom
Thursday, June 14, 2012