News Manufacturing & Economy Rocky Recovery Under Way in Manufacturing
Rocky Recovery Under Way in Manufacturing
Monday, 01 March 2010 15:53
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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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