03 Oct Manufacturing in 2019. Click to keep reading…
While manufacturing is in the midst of a very solid year, a few storm clouds are gathering in the sky. Rising interest rates will inhibit the availability of credit. The strict immigration policies will continue to make it difficult to find skilled workers in a tight labor market. The trade war will contribute to protectionism against U.S. exports from key partners. Duties imposed by China have led to an increase in raw materials, and manufacturers will have to pass the increase onto consumers. Expect manufacturing growth to moderate in 2019, as these conditions play out.
Kiplinger Letter (2018 August 31). Vol. 95, No. 35.
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