Earlier this year, the MAPI Foundation increased their projection for manufacturing sector growth for 2018 – 2021 from 1.5% to 2.8%. We haven’t seen overall growth like that in a long time, and it should spell a welcome relief for many manufacturers. Capital Spending: A Leading or Lagging Indicator of Profitability? One of the metrics that MAPI points to for their increased optimism is the pace of capital equipment spending.
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