New technologies coming to market in the next few years will require investments that will create sustained demand and industry growth for advanced automation, machinery, tooling, composites and plastics.
Industrial production data for household appliances through the second quarter of 2017 maintained the steady upward trend that started in early 2013. Since the beginning of 2016, packaging consumption has grown between 2 and 5 percent.
Medical device firms with 50 employees or fewer are producing less than firms with at least 100 employees. Electronics will likely grow in the second half of 2017.
Automotive manufacturers may be hedging their output despite strong new order demand. Gardner Business Intelligence’s (GBI) review of consumer confidence, employment and credit markets all point to a strong 2017 for consumer spending.