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    December 19, 2024

    ISM: US manufacturing poised for growth in 2025

    Written by Laura Miller

    Manufacturing in the US is set for another strong year, with revenues expected to rise across 16 of 18 sectors, according to the December 2024 ISM Supply Chain Planning Forecast.

    Purchasing and supply executives polled by the Institute for Supply Management (ISM) predicted a 4.2% increase in overall manufacturing revenues for 2025, compared to just 0.8% in 2024. Capital expenditures are also forecasted to grow by 5.2%, following a similar boost in 2024. Employment in manufacturing is projected to rise by 0.8%, matching the expected gains in the services sector.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

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