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Modest global manufacturing growth expected

Control Engineering

Manufacturing insights Manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labor shortages continue to hamper US manufacturers. Chinese manufacturing economy gets back on its feet after a turbulent period. In 2022, U.K.

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Global manufacturing industry growth reached 3.8% in 2022

Control Engineering

Market Insights Machinery sector growth outperformed manufacturing in 2022. London, 31 st January 2023 – Updated research by Interact Analysis shows that Asia Pacific (APAC), Europe and the US have performed very differently in terms of manufacturing output growth during 2022. Americas region to grow by 3.1% for Europe.