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 the pandemic far from over and the economy still recovering from last year’s challenges, why is there hope for a brighter manufacturing future?
Sector growth in the last quarter of 2020, along with advancements in manufacturing technology, COVID vaccines and lessons learned by manufacturers all play a part in this optimistic outlook.
