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Economic Growth To Continue Through 2021
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Manufacturing is Expected to Expand in 2021; Revenue to Increase 7.2%; Capital Expenditures to Increase 8.7%; Capacity Utilization Currently at 88.3%; Services is Expected to Expand in 2021; Revenue to Increase 5.4%; Capital Expenditures to Increase 5.7%; Capacity Utilization Currently at 89.4%
TEMPE, Ariz., May 18, 2021 /PRNewswire/
The economic recovery in the U.S. will continue for the rest of 2021, say the nation s purchasing and supply executives in the
Spring 2021 Semiannual Economic Forecast. Expectations for the remainder for 2021 have strengthened somewhat, compared to December 2020, as there is hope that the corner has been turned on the coronavirus (COVID-19) pandemic; both manufacturing and services sectors are signaling expansion.
ArizonaUnited-statesTempeTimothyr-fioreKristinam-cahillAnthonys-nievesBusiness-surveyPhotofinishing-servicesPetroleum-coal-productsPublic-administrationCare-servicesISM® Reports Economic Improvement to Continue in 2021
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Manufacturing Growth Expected in 2021; Revenue to Increase 6.9%; Capital Expenditures to Increase 2.4%; Capacity Utilization Currently at 85.7%; Services Growth Projected in 2021; Revenue to Increase 1.6%; Capital Expenditures to Increase 12.7%: Capacity Utilization Currently at 86.6%
TEMPE, Ariz., Jan. 19, 2021 /PRNewswire/ Economic improvement in the United States will continue in 2021, say the nation s purchasing and supply management executives in the December 2020
Semiannual Economic Forecast. This expansion will continue a growth trend that began in June 2020, as indicated in the monthly ISM
®
Report On Business
®. Revenues are expected to increase in 15 of 18 manufacturing industries and 12 of 18 services-sector industries. Capital expenditures are expected to increase by 2.4 percent in the manufacturing sector (after a 2.4-percent decline in 2020) and i
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