Manufacturing production is expected to grow 3.1% in 2013, says a new economic forecast, as improving fundamentals point to a stronger U.S. economy by the end of 2013 and into 2014.
Manufacturing production is expected to grow 3.1% in 2013, says a new economic forecast, as improving fundamentals point to a stronger U.S. economy by the end of 2013 and into 2014.
The Manufacturers Alliance for Productivity and Innovation (MAPI) quarterly economic forecast raised its prediction for manufacturing growth from 2.2% in its February forecast, but did not change its prediction that manufacturing production will grow by 3.6% in 2014.
MAPI said the overall U.S. GDP is expected to grow 1.8% in 2013 and 2.8% in 2014.
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