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Global manufacturing industry growth reached 3.8% in 2022

Control Engineering

Regionally, the US manufacturing industry has performed strongly, and the Americas growth rate hit 6.9% Despite ongoing supply chain issues and inflationary pressures, it is expected that overall global manufacturing industry output growth reached 3.8% for manufacturing, and 12% for machinery production overall.”

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Manufacturing industry recovery dependent on prudent fiscal policies

Control Engineering

In this edition we have extended our MIO forecasts out to 2028 and added Singapore to cover a total of 45 countries, across 72 manufacturing end user sectors, 30 machinery sectors and two points in the supply chain (machinery and manufacturing end-users), so the latest forecasts cover more than ever before.