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ITR Economic Report - August 2018

Aug 29, 2018
According to the most recent ITR Business Forecast Report (for August 2018), the economy is firing on all cylinders.  US Total Manufacturing Production was up 2.0% in the 12 months through June compared to the previous year.  And, combined with accelerating growth trends in US Mining Production and US Electric & Gas Utilities Production, all are driving growth in US Total Industrial Production.

Be sure to review all the Index categories in the report, as there are ups and downs predicted over the next year.

The Institute for Trend Research (ITR) quarterly reports focus on major areas of economic growth and decline in key market segments for the Precision Machined Products Industry. They are provided to PMPA members as part of the association’s overall business intelligence program and are used as a management tool to help PMPA members plan for what lies ahead and which markets they should focus on in a complex manufacturing environment. 

Contact Information

  • Miles Free - PMPA Director of Industry Research and Technology
  • 440-526-0300