Donald A. Norman, Ph.D., senior economist
In this audiovisual presentation, Don reviews the most recent manufacturing data. The manufacturing industrial production index increased a relatively strong 0.7% in August, compared with a 0.4% decline in July. The gains were widespread, with 17 of the 25 industries showing expansion. MAPI anticipates that the pace of manufacturing activity will improve over the next four months but that for the year as a whole, manufacturing production will increase by just 2.2%. We are forecasting that production will increase by 3.2% in 2014 and by 4.1% in 2015. Economic Update

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