10 Reasons to Be Upbeat About the Manufacturing Industry

The U.S. economy is holding steady and jobs still haven’t fully recovered from the recession several years ago, but that hasn’t stopped the manufacturing industry from having a great year in 2013. The future looks even brighter for it, too.

Things are looking up for the manufacturing industry in 2014, Fishbowl Inventory BlogHere are 10 positive signs that should give us hope about the health of the U.S. manufacturing industry, as a whole, from Business Insider and Bloomberg:

  1. The manufacturing sector grew for the seventh straight month in December 2013.
  2. The U.S. economy has grown for 55 straight months through December.
  3. New orders and employment are both in positive territory.
  4. New orders are the highest they have been since 2010.
  5. Thirteen manufacturing industries expanded in December and only four contracted in December.
  6. In November and December manufacturing grew at its fastest rate since 2011.
  7. Rising sales, international demand, and investment are fueling the strong manufacturing numbers.
  8. In November construction spending increased to its highest point in more than four years.
  9. The 2014 forecasts for manufacturing growth increased from 2013’s.

10. Consumer confidence is at its highest level since 2008.

Of course, this good news doesn’t guarantee smooth sailing. We’ll see if things continue to play out well. It’s just nice to see that there are plenty of positive trends as we continue to do our best in a turbulent and ever-changing world.

About Robert Lockard

Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks and small business. Fishbowl Inventory is the #1-requested inventory management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies. His favorite movies include Mr. Smith Goes to Washington, Fiddler on the Roof, Back to the Future and Lawrence of Arabia.
This entry was posted in Business, Manufacturing Inventory Software and tagged , , , , , , , . Bookmark the permalink.

One Response to 10 Reasons to Be Upbeat About the Manufacturing Industry

  1. Thanks for sharing the positive news Rob. Go Manufacturing!!

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