By 2015, manufacturing in the United States could increase by as much as 40 percent. Those are the figures reported in the recent outlook by the Manufacturers Alliance for Productivity and Innovation, and they could be a sign of things to come.
Among the findings listed in the report are different forecasted fluctuations for the various industries examined. Some, like ventilation and heating, are expected to see a steady incline over the next three years. Others, like fabricated metal products, are expected to see the same rate of growth every year.
In its official press release, the authors of the MAPI report noted that even the seeming warning signs affecting manufacturing could be far less dangerous than they seem to the industry in the long run. Although there was a dip in production, the report asserts that "these factors are temporary and do not change the outlook for stronger growth this year and next."
"An overarching reason for the anticipated growth rebound is that factors that were dragging down growth (mainly tax and other policy issues) were absorbed in 2013 and will not get worse over the next two years," the report's summary, by Dr. Daniel Meckstroth, says.
Depending on the industry that you work in, you might want to start getting the parts made that you need to take proper steps toward accommodating faster manufacturing growth. Estimates may be just that, but good production practices will require parts that are made per your specifications by the people who understand them. Because we work from your instructions, Windham Manufacturing can provide exactly that.