Tag: forbes
MAPI survey shows sign of manufacturing rebound
by admin on Oct.18, 2009, under Manufacturing
ARLINGTON, Va. — U.S. manufacturing activity will contract for the rest of this year but then start increasing next year, a survey of senior financial executives predicted Thursday.
The third quarter survey by Manufacturers Alliance/MAPI, a private research group, resulted in a composite index of 38, up from 24 registered in the second quarter, a historic low.
The group’s latest survey also marks the highest level in a year, or since an index of 48 was recorded in September 2008.
