This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies By closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
Home » The long road back: Manufacturing still recovering
“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.