Modest global improvement but heightened policy uncertainty


Cliff Waldman, senior economist
Evidence points to a modest reacceleration of manufacturing output growth from a slump in the spring of this year. Output gains in September were fairly narrow, however, coming principally from strong production advances in motor vehicles and machinery. MAPI forecasts that production will increase by 3.2% in 2014 and 4.1% in 2015. Economic Update

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