Manufacturing Outlook - Are you ready?
Posted by Mark Parent on Fri, Sep 11, 2009
Most recent news coming out about manufacturing points toward the fact that the economy is at its bottom. This tells me that we are probably on our way up, since current news is usually about the recent past. I'll ask the question again; has your company improved itself to handle the business that will be available in the near future. Are your engineers armed with the best software CAD tools? Have you checked out how powerful KeyCreator is as a CAD tool?
The manufacturing sector should begin to rebound in 2010, with MAPI forecasting 14 of 24 industries to show gains, led by housing starts with a 59% rebound from historically low levels. The turnaround should continue in 2011 with growth likely in all 24 industries, including seven by double digits, led by housing starts at 40% and industrial machinery at 25%.
Mark