High-level analytical models from Armada and MN&A show that the outlook for manufacturing over the next 18 months is likely to be well ahead of its 20-year average growth trend. The latest forecast released in the Armada Strategic Intelligence System (ASIS) shows industrial production for manufacturing growth of 5.22% in 2021. This comes after a 2.6% contraction in 2020.
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.
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