Major Economies Face Increased Uncertainty – How Will It Affect Manufacturing?
The world economy presently finds itself in a state of great uncertainty. Manufacturing activity has fueled much of the growth in the global economy following the Great Recession. Presently, however, there are signs that the manufacturing-led recovery in major economies may be coming to an end. A decline in manufacturing would clearly mean depressed automation sales, but is a prolonged slowdown in manufacturing likely? The purpose of this white paper is to answer this question by making sense of the dramatic economic events that are now unfolding.
To assess this likelihood, ATC has prepared a new white paper, Major Economies Face Increased Uncertainty – How Will It Affect Manufacturing? The white paper examines the recent performance of the manufacturing sector within the context of the complex and interdependent economic developments that are now occurring. Beginning with an overall world economic outlook, it zeros in on the major advanced economies (U.S., the Euro zone and Japan) and BRIC (Brazil, Russia, India and China), with special attention paid to the euro and sovereign debt crises.
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