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Manufacturing in the U.S. will grow this year

Graham Immerman
January 24, 2018

Manufacturing did well in 2017, but it is expected to grow even more in 2018! "Factory output is poised to speed up. Investors worried that the equity market is stretched should take heart. Stronger growth in factory output is a good reason to remain cyclically oriented, especially in U.S. industrial stocks." With a low inventory investment, recovery in business investment, and the housing market on the mend, there are great growth opportunities. Make it even better with machine monitoring to improve efficiency!

U.S. Manufacturing Is Primed for Another Year of GrowthSource: http://www.bloomberg.com

U.S. manufacturing production just had its best year since 2011, yet some argue that 2017 was as good as it will get and that a slowdown is ahead. We think the opposite is more likely: Factory output is poised to speed up. Investors worried that the equity market is stretched should take heart. Stronger growth in factory output is a good reason to remain cyclically oriented, especially in U.S. industrial stocks. Trade, one of the biggest engines of the sector in 2017, is likely to continue to gather momentum. Stronger global growth expectations and a weaker dollar should help as manufacturing goods represent about half of all exports. Read More

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