OK, the revised GDP for the US economy for Q$ 2011 is now 3%. The manufacturing index for February stands at 52+. I have heard projections that unenployement could be headed to as low as 6% in near times.
Things look good for the US, regardless of your political point of view. I continue to have many conversations with manufacturers of fluid power components in the US and they tell me that the market for their products remain strong. The forecast for the second half of 2012 if for an increased growth rate for fluid power sales.
What does this say for the manufacturing outlook for the US? It looks very positive to me. With "smart manufacturing" on the rise, the labor advantage of low-cost producing countries is being neutralized.
I am very positive on our future here in the US for manufacturing. What do you think?
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