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Rocky Recovery Under Way in Manufacturing

Even as economic observers fretted over the prospects of a double-dip recession this week, the Manufacturers Alliance/MAPI released an upbeat report forecasting a rebound in consumer spending that will swing manufacturers back into action.

The MAPI Quarterly Economic Forecast, released today, predicts that inflation-adjusted gross domestic product (GDP) will grow 2.8% in 2010, followed by 3% growth in 2011.

Source: Managing Automation

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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