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ITR Economics Report - November 2019

Monday December 02, 2019

Despite the fact that business confidence has taken a hit recently, depicting declining trends in a host of leading indicators, the sky is not falling.  Evidence suggests we will see business cycle ascent in US Industrial Production in the second half of 2020 and much of 2021.  In the meantime, consider the the Management Objectives that ITR Economics has provided in their November Economics Report below.

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.