MAPI: Manufacturing expansion to slow in late 2011

04/14/2011 | IndustryWeek

Manufacturing growth is expected to continue in 2011, but the pace of expansion may slow later this year, according to the quarterly Manufacturers Alliance/MAPI Survey on the Business Outlook. The March 2011 composite index slipped to 72%, down from 75% in December. However, this is the sixth straight quarter it has reached above 50%. The report paints "a clear and consistent picture of continued growth in manufacturing sector activity," said Donald Norman, MAPI economist and survey coordinator.

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