Manufacturing Activity December 2013

Senior Economist Don Norman reviews the most recent manufacturing data, noting that the evidence points to growing momentum as we head into 2014. If, as expected, global economic growth continues to improve, and if the government can provide a bit more predictability in policies related to government finances and regulation, manufacturing sector activity will pick up over this year’s rather languid performance.

There are some encouraging signs for manufacturing as 2013 draws to a close. Recent trends in several key indicators suggest slowly growing momentum as we head into 2014. If, as expected, global economic growth continues to improve, and if the government can provide a bit more predictability in policies related to government finances and regulation, manufacturing sector activity will pick up over this year’s rather languid performance.

Publish Date: 
Wednesday, December 18, 2013
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