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Home World Business

US manufacturing sector to rise by 5.6% in 2015

byMonitoring Report
10/12/2014
in World Business
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NEW YORK: The US manufacturing sector is expected to rise by 5.6 percent in 2015 from this year, the semi-annual forecast from The Institute for Supply Management (ISM) said.

Revenue in the non-manufacturing sector, which is made up mostly of service industry businesses, is expected to rise by 10 percent next year.

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Capital investment among manufacturing firms is seen rising 3.7 percent in 2015 and increasing by 3.8 percent in the service sector.

Tags: Revenuerise 5.6%US manufacturing sector

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