“Manufacturing industrial production has to grow another 3.4% in order to reach the pre-recession production level achieved in December 2007—that’s at least another year of manufacturing industrial production growth.” — U.S. Industrial Outlook

We thought that manufacturing had fully recovered from the 2008-2009 recession last year. Unfortunately, manufacturing growth since 2010 has been 4.5% slower than last reported, averaging about 0.9% less growth each year. The MAPI Foundation forecasts annual growth of 2.1% in 2015, 3.4% in 2016, and 3.1% in 2917.