Tag: manufacturing growth

August 23, 2023

Goldman Sachs analysts expect manufacturing jobs to grow by 200,000 to 250,000 over the next two years and factory construction to rise 10 to 15% through the end of 2023, the investment banking firm reported this week. This forecast builds […]

November 1, 2021

Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories. The Institute for Supply Management’s gauge of factory activity fell to 60.8 from 61.1 in September, according to […]

February 17, 2021

Even after exceptional disruption to organizations around the globe, the manufacturing sector closed out 2020 with its highest growth since 2018. The Institute for Supply Management’s Semi-annual Economic Forecast projects 2021 will bring economic improvement in manufacturing and services. With […]

December 28, 2018

The country has long been one of Asia’s fastest growing economies — GDP growth topped 5% over the past five years — largely driven by the exports of cheap manufactured goods, from Nike shoes to H&M T-shirts, as well as […]

November 30, 2018

At the very beginning of the year, the prognosis for the UK manufacturing sector was looking optimistic, with reports predicting the greatest period of productivity since the financial crisis. Big strides towards technology spending was at the heart of this […]

April 19, 2017

Christine Lagarde, International Monetary Fund (IMF) managing director, said in a recent speech that the global economy is showing multiple positive signs, although more work is needed to ensure continuing growth, including policies that will reinvigorate productivity and build inclusive growth. “When […]

September 30, 2016

A recent report by The Markit, in conjunction with CIPS made for grim reading for members of the manufacturing sector. It found that whilst the sector did return to growth in May, that growth was poor. Bad news, yes, though […]