Industrial Production for Manufacturing Accelerates in 2022Posted By : Armada Corporate Intelligence | Date : July 14, 2021
High-level analytical models from Armada and MN&A show that the outlook for industrial production for manufacturing over the next 18 months is likely to accelerate next year. The latest forecast released in the Armada Strategic Intelligence System (ASIS) shows broad industrial production for manufacturing rising 5.6% in Q3 and 2.9% in Q4.
Industrial Production for Manufacturing Outlook
Our models are still picking up the impact of near-term chip. As the models digest new information, these curves can change over time. Note the rapid acceleration of activity late next year. We can largely tell you that this rate of growth is on the back of a strong recovery for aerospace, electrical equipment and appliances, fabricated metals, and machinery. The models in the ASIS have held 97% accuracy over the past quarter.
The data models used in creating this forecast use 18-20 different economic variables and the models were trained over the past 20 years of data. The changes that the models are picking up are all data-driven. Subscribe today for a free, no-obligation trial to the ASIS for 60 days.
Armada Strategic Intelligence System (ASIS)
The Armada Strategic Intelligence System (ASIS) is a continuous, monthly updated forecast covering 8 sectors in the durable manufacturing sector. It includes 18-month continuous forecasts for automotive, aerospace, computers and electronics, electrical equipment and appliances, fabricated metal products, machinery, and primary metals. It also covers supply chain issues, helping executives see well into the future so that they can make operational adjustments well in advance of cyclical changes in the marketplace. Manufacturers, financial analysts, supply chain managers, sales executives, and a wide variety of occupations across many industries subscribe to the ASIS.
Designed to Give Manufacturers a Competitive Edge
There are few sectors of the economy as complex and challenging as manufacturing, The competitive threats come from all directions and all the time. Staying ahead requires knowing what is around each corner - whether it is a threat or an opportunity. The ASIS projects into the future with a carefully constructed set of models that maintain over 97% accuracy so that manufacturers can anticipate. It takes time to be ready for these competitive threats - the ASIS provides that time.
Watch John Nelson from Morris, Nelson & Associates along with Chris Kuehl and Keith Prather from Armada Corporate Intelligence review the monthly IPMAN report.