U.S. Manufacturers Expect Modest Growth in First Half
(Journal of Commerce Online – William B. Cassidy)
Manufacturing growth won’t be as robust as it was in 2011, MAPI says
U.S. manufacturing is expected to continue growing but at a more moderate pace during the first half of 2012, according to a quarterly survey by the Manufacturers Alliance for Productivity and Innovation.
The survey’s composite index slipped to 66 in December from 67 in the previous report in September but remained above 50, the threshold between contraction and expansion, for the ninth consecutive quarter. The index, conducted quarterly since 1991, peaked at 81 in June 2010. Read more here.
Date: January 16, 2012